QC Holdings, Inc. - Current report filing (8-K)
22 Agosto 2008 - 2:43PM
Edgar (US Regulatory)
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
August 22, 2008 (August 20, 2008)
Date of Report (Date of earliest event reported)
QC HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
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Kansas
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000-50840
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48-1209939
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(State or other jurisdiction
of incorporation)
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(Commission file number)
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(I.R.S. Employer
Identification No.)
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9401 Indian Creek Parkway, Suite 1500
Overland Park, Kansas 66210
(Address
of principal executive offices) (Zip Code)
(913) 234-5000
(Registrants telephone number, including area code)
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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
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On August 20, 2008, Don Early,
Chairman and Chief Executive Officer of QC Holdings, Inc. (the Company), and Mary Lou Andersen Early, Vice Chairman of the Company, adopted pre-arranged stock trading plans to sell a limited number of shares of the Companys common
stock. The plans were established for limited asset diversification and financial, estate and tax planning purposes. Mr. Early has not sold any shares of stock in the Company since April 2006, and Ms. Early has not sold any shares of stock
in the Company since May 2006. The plans were established in accordance with the guidelines specified in Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Companys insider trading policy.
Under Mr. Earlys trading plan, which includes predetermined criteria and limitations, he intends to sell up to 300,000 shares on the open
market if certain price targets specified in the plan are attained. The trading plan is scheduled to terminate on December 31, 2008, unless sooner terminated under plan provisions. Mr. Early currently holds approximately 8,050,000 shares
of the Companys common stock (excluding options to purchase shares), and the shares of stock subject to the plan represent less than 4% of Mr. Earlys stock holdings in the Company.
Under Ms. Earlys trading plan, which includes predetermined criteria and limitations, she intends to sell up to 60,000 shares on the open
market if certain price targets specified in the plan are attained. The trading plan is scheduled to terminate on December 31, 2008, unless sooner terminated under plan provisions. Ms. Early currently holds approximately 700,000 shares of
the Companys common stock (excluding options to purchase shares), and the shares of stock subject to the plan represent less than 9% of Ms. Earlys stock holdings in the Company.
Any transactions under the new plans will be disclosed publicly through Form 4 filings with the Securities and Exchange Commission. The Company does not
undertake to report Rule 10b5-1 plans that may be adopted by any officers or directors in the future, or to report any modification to or termination of any publicly announced trading plan, except to the extent required by law.
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.
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QC HOLDINGS, INC.
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Date: August 22, 2008
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By:
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/s/ Douglas E. Nickerson
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Douglas E. Nickerson
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Chief Financial Officer
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Grafico Azioni QC (PK) (USOTC:QCCO)
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Grafico Azioni QC (PK) (USOTC:QCCO)
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