Securities and Exchange Commission
Washington, DC 20549
Form 8 - K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 19, 1996
Sterling Financial Corporation
(Exact name of registrant as specified in its charter)
Pennsylvania 0-16276 23-2449551
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
101 North Pointe Boulevard, Lancaster, Pennsylvania 17601-4133
(Address of principal executive offices) (Zip Code)
Registrant's Telephone number, including area code (717) 581-6030
N/A
(Former name or former address, if changed since last report)
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ITEM 5 - OTHER EVENTS
On November 19, 1996, the Board of Directors of the Registrant adopted the
1996 Stock Incentive Plan ("Plan"). 500,000 shares of the Registrant's
common stock, par value $5.00 per share, is subject to the Plan. Awards
under the Plan may be granted in the form of qualified stock options,
non-qualified stock options, restricted stock or stock appreciation
rights. As of this date, no awards have been made pursuant to the Plan.
The Plan will be submitted for shareholder approval at the 1997
Annual Meeting of stockholders.
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.
Sterling Financial Corporation
By: /s/ John E. Stefan
John E. Stefan, Chairman of the Board,
President and Chief Executive Officer
DATE November 29, 1996
