NBHC Form 8-K 10.21.14 Stock Repurchase Program


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): October 21, 2014

NATIONAL BANK HOLDINGS CORPORATION
(Exact name of registrant as specified in its charter)

Delaware
001-35654
27-0563799
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

7800 East Orchard Road, Suite 300, Greenwood Village, Colorado 80111
(Address of principal executive offices) (Zip Code)

720-529-3336
(Registrant’s telephone, including area code)

Not Applicable
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written Communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 8.01. Other Events.
The Board of Directors of National Bank Holdings Corporation (the “Company”) has authorized a new program to repurchase up to $50.0 million of the Company’s common stock from time to time either in the open market or in privately negotiated transactions in accordance with applicable regulations of the Securities and Exchange Commission. The Company completed its previously authorized $50.0 million stock repurchase program announced in July 2014, repurchasing 2.5 million shares.
Since early 2013, the Company has repurchased 12.5 million shares, or 23.9% of its outstanding shares, at a weighted average price of $19.73 per share. As of October 20, 2014, the Company had outstanding 39,867,040 shares of its common stock, including 38,999,266 shares of Class A voting common stock and 867,774 shares of Class B non-voting common stock.
The press release issued by the Company is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 8.01 by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibit No.
Description of Exhibit
99.1
Press release, dated October 21, 2014.
 
 






















SIGNATURE
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.
 
National Bank Holdings Corporation
 
 
By:
/s/ Zsolt K. Besskó
 
Name: Zsolt K. Besskó
Title: Chief Administrative Officer & General Counsel
Date: October 21, 2014