New Hampshire Thrift Bancshares DEFA14A 2005
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant x Filed by a Party other than the Registrant ¨
Check the appropriate box:
NEW HAMPSHIRE THRIFT BANCSHARES, INC.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[NEW HAMPSHIRE THRIFT BANCSHARES, INC. LOGO]
April 25, 2005
You should have received a proxy statement for the Annual Meeting of Shareholders of New Hampshire Thrift Bancshares, Inc. (the Company) to be held on May 12, 2005 (the Proxy Statement) accompanied by the 2004 Annual Report of the Company. Since mailing the Proxy Statement on April 8, 2005, we have recognized an error in the information in the Proxy Statement. A corrected page is attached.
If you have any questions about the Proxy Statement or the 2004 Annual Report, please let us hear from you.
The following table provides information with respect to the Named Executive Officers, concerning the exercise of options during the last fiscal year and unexercised options held as of the end of the last fiscal year, as adjusted for the two-for-one stock split distributed on February 28, 2005.
Aggregate Option Exercises in Last Fiscal Year, and Fiscal Year-End Option Values
The Bank provides eligible employees with a qualified defined benefit plan (the Retirement Plan) designed to meet the requirements of Section 401(a) of the Internal Revenue Code and the Employee Retirement Income Security Act (ERISA). Eligible employees must be at least 21 years of age and must have been employed by the Bank for at least one year. Eligible employees are 100% vested after six years participation. Directors of the Bank are not eligible to participate in the Retirement Plan. During 2004, all eligible employees of the Bank and its subsidiaries participated in the Retirement Plan. After attainment of normal retirement age (i.e., age 65), a vested participant is entitled to receive normal retirement benefits based upon years of service and level of compensation. At December 31, 2004, Mr. Ensign had 33 years of service and Mr. Theroux had 17 years of service under the Retirement Plan. The Retirement Plan is funded entirely by contributions from the Bank. The amounts of annual contributions are determined based on an actuarial analysis of an annual census of the Banks eligible employees and their salaries at December 31 of each year.