SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 18, 2000
HOME FINANCIAL BANCORP
(Exact name of registrant as specified in its charter)
INDIANA
(State or other jurisdiction of incorporation)
0-28510 35-1975585
(Commission File Number) (IRS Employer Identification No.)
279 East Morgan Street
Spencer, Indiana 47460
(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code: (812) 829-2095
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Item 5. Other Events.
Effective December 18, 2000, the Corporation effected a 2-for-1 stock split
of its common stock, without par value (the "Common Stock"). Following that
split, the Corporation had 1,698,200 outstanding shares of Common Stock.
The following table sets forth certain information regarding the beneficial
ownership of the Common Stock as of December 18, 2000, by each person who is
known by the Corporation to own beneficially 5% or more of the Common Stock.
Unless otherwise indicated, the named beneficial owner has sole voting and
dispositive power with respect to the shares.
Number of Shares of
Name and Address of Common Stock Percent of
Beneficial Owner Beneficially Owned Class (6)
---------------- ------------------ ---------
Chiplease, Inc. 338,650 (1)(2) 19.9%
330 South Wells St.
Suite 718
Chicago, Illinois 60606
Frank R. Stewart 208,318 (1) (3) 12.1%
c/o Owen Community Bank, s.b.
279 East Morgan Street
Spencer, Indiana 47460
Community Trust & Investment 161,896 (1)(4) 9.5%
Company, Inc., Trustee
105 N. Pete Ellis Drive, Suite B
P.O. Box 5996
Bloomington, Indiana 47407
Tad Wilson 111,242 (1)(5) 6.5%
877 Maple Drive
Spencer, Indiana 47460
William Lannan 105,000 (1) 6.2%
R.R. 4, Box 12
Loogootee, Indiana 47533
Gary E. Gray, Jr. 96,000 (1) 5.7%
2600 6th Street, Apt. 13
Bedford, IN 47421
(1) The information in this chart is based on Schedule 13D or 13G Report(s)
filed by the above-listed person(s) with the Securities and Exchange Commission
(the "SEC") containing information concerning shares held by them. It does not
reflect any changes in those shareholdings which may have occurred since the
date of such filings.
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(2) Includes 177,010 shares held by Chiplease, Inc. and 161,640 held by its
secretary, Leon Greenblatt. Pursuant to the Corporation's Articles of
Incorporation, the Corporation will count as shares entitled to vote only up to
ten percent of the issued and outstanding shares of Common Stock, or 169,820
shares, of the shares held by the shareholder. The remaining 168,830 shares held
by this shareholder will not be counted as shares eligible to vote on matters
submitted to the shareholders at the Annual Meeting.
(3) Of these shares, 168,000 are owned jointly by Mr. Stewart and his wife,
4,552 are held under the Owen Community Bank, s.b. Recognition and Retention
Plan and Trust (the "RRP"), 20,000 are subject to a stock option granted under
the Home Financial Bancorp Stock Option Plan (the "Option Plan"), and 8,938 are
held under the Corporation's Employee Stock Ownership Plan (the "ESOP").
(4) These shares are held by the Trustee of the Owen Community Bank, s.b.
Employee Stock Ownership Plan and Trust. The employees participating in that
Plan are entitled to instruct the Trustee how to vote shares held in their
accounts under the Plan. Unallocated shares held in a suspense account under the
Plan are required under the Plan terms to be voted by the Trustee in the same
proportion as allocated shares are voted.
(5) Of these shares, 75,200 are owned jointly by Mr. Wilson and his wife, 1,618
are held under the RRP, and 6,000 are subject to a stock option granted under
the Option Plan.
(6) Based upon 1,698,200 shares of Common Stock outstanding which does not
include options for 115,800 shares of Common Stock granted to certain directors,
officers and employees of the Corporation and of Owen Community Bank, s.b.
The following table sets forth the number and percent of shares of Common Stock
beneficially owned by the Corporation's directors as of December 18, 2000.
Unless otherwise indicated, each director has sole investment and/or voting
power with respect to the shares shown as beneficially owned by him. The table
also sets forth the number of shares of Corporation Common Stock beneficially
owned by all directors and executive officers of the Corporation as a group.
Common Stock
Beneficially Owned
Name as of December 18, 2000 Percentage of Class(1)
John T. Gillaspy 62,042(2) 3.6%
Gary Michael Monnett 3,000(3) .2%
Robert W. Raper 30,042(4) 1.8%
Charles W. Chambers 12,042(2) .7%
Kurt J. Meier 45,646(5) 2.6%
Stephen Parrish 26,042(2) 1.5%
Kurt D. Rosenberger 40,452(6) 2.3%
Frank R. Stewart 208,318(7) 12.1%
Tad Wilson 111,242(8) 6.5%
All directors and executive 538,826(9) 30.1%
officers as a group (9 persons)
(1) Based upon information furnished by the respective director nominees. Under
applicable regulations, shares are deemed to be beneficially owned by a person
if he or she directly or indirectly has or shares the power to vote or dispose
of the shares, whether or not he or she has any economic power with respect to
the shares. Includes shares beneficially owned by members of the immediate
families of the director nominees residing in their homes.
(2) Of these shares, 1,618 are held under the RRP, 6,000 are subject to a stock
option granted under the Option Plan, and the remaining shares are held jointly
by the director and his wife.
(3) These shares are subject to a stock option granted under the Option Plan.
(4) Of these shares 20,808 are held jointly by Mr. Raper and his grandchildren,
1,618 are held under the RRP, and 6,000 are subject to a stock option granted
under the Option Plan.
(5) Of these shares, 8,552 are owned jointly by Mr. Meier and his wife, 4,552
are held under the RRP, 20,000 are subject to a stock option granted under the
Option Plan, and 10,266 are held under the ESOP.
(6) Of these shares, 7,948 are owned jointly by Mr. Rosenberger and his wife,
20,000 are subject to a stock option granted under the Option Plan, 3,032 are
held under the RRP, and 9,472 are held under the Holding Company's ESOP.
(7) Of these shares, 168,000 are owned jointly by Mr. Stewart and his wife,
4,552 are held under the RRP, 20,000 are subject to a stock option granted under
the Option Plan, and 8,938 are held under the ESOP.
(8) Of these shares, 75,200 are owned jointly by Mr. Wilson and his wife, 1,618
are held under the RRP, and 6,000 are subject to a stock option granted under
the Option Plan.
(9) Of these shares, 20,226 are held under the RRP, 93,000 are subject to stock
options granted under the Option Plan, and 28,676 are held under the ESOP.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
/s/ Kurt D. Rosenberger
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Kurt D. Rosenberger
Vice President and Chief Financial Officer
Dated: December 19, 2000
