ThZeal - The Zeal

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported)			May 23, 2022


Home Bancorp, Inc.
(Exact name of registrant as specified in its charter)


Louisiana	001-34190	71-1051785
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)


503 Kaliste Saloom Road, Lafayette, Louisiana			70508
(Address of principal executive offices)			(Zip Code)


Registrant’s telephone number, including area code			(337) 237-1960


N/A
(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))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading symbol(s)	Name of each exchange on which registered
Common Stock	HBCP	Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨


Item 5.02			Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e.)On May 23, 2022, the Board of Home Bank, N. A. ("the Bank") entered into a salary continuation agreement with Mr. David T. Kirkley. The agreement provide the executive officer a retirement benefit equal to $125,000 per year if he remains employed until age 65, payable in equal monthly installments for a period of 10 years. The retirement benefit vest based on Mr. Kirkley's most recent appointment date as an executive officer, with 0% of benefits vesting for the first 5 years of vesting service. Vesting continues in 20% increments for each following year of vesting service or until the executive officer reaches age 65. In the event of early retirement, the Bank will pay the executive officer his vested benefits in a lump sum on the first day of the month following his separation from service. If the executive has a separation from service within three months prior to or 12 months following a change in control of the Bank prior to reaching age 65, the Bank shall pay him an amount equal to the greater of (i) his accrued benefits as of the end of the year immediately preceding the separation from service or (ii) $300,000. This amount will be paid in a lump sum on the first day of the month following the separation from service.

Also, effective May 23, 2022, the bank amended the salary continuation agreements for Messrs, Freyou and Guidry. The agreements were amended to provide each executive officer a retirement benefit equal to $125,000 per year if he remains employed until age 65, payable in equal monthly installments for a period of 10 years. In addition each executive officer, if separation from service within three months prior to or 12 months following a change in control of the Bank prior to reaching age 65, the Bank shall pay him an amount equal to the greater of (i) his accrued benefits as of the end of the year immediately preceding the separation from service or (ii) $300,000.

No other changes were made to the employment agreements.

The foregoing description is qualified in its entirety by reference to the amendments to the employment agreements, copies of which are attached as exhibits to this Current Report on Form 8-K and are incorporated herein by reference.


Item 9.01			Financial Statements and Exhibits

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.


	HOME BANCORP, INC.


Date: May 25, 2022	By:	/s/ John W. Bordelon
		John W. Bordelon
		President and Chief Executive Officer


Exhibit Number						Description
10.1						Amended Salary Continuation Agreement by and between Home Bank, N. A. and Jason P. Freyou
10.2						Amended Salary Continuation Agreement by and between Home Bank, N. A. and Darren E. Guidry
10.3						Salary Continuation Agreement by and between Home Ban, N. A. and David T. Kirkley


Exhibit Number						Description
10.1						Amended Salary Continuation Agreement by and between Home Bank, N. A. and Jason P. Freyou
10.2						Amended Salary Continuation Agreement by and between Home Bank, N. A. and Darren E. Guidry
10.3						Salary Continuation Agreement by and between Home Ban, N. A. and David T. Kirkley