UNITED STATES
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

HMN Financial, Inc.

(Exact name of registrant as specified in its chapter)

Delaware		0-24100		41-1777397
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

1016 Civic Center Drive Northwest
PO Box 6057
Rochester, Minnesota		55903-6057
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code (507) 535-1200

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

p		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
p		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
p		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
p		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

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

     On May 6, 2009, the Compensation Committee of the Board of Directors of HMN Financial, Inc. (the “Company”) adopted the following agreements for use in connection with the HMN Financial Inc. 2009 Equity Incentive Plan:

	•		HMN Financial Inc. 2009 Equity Incentive Plan Restricted Stock Agreement;
	•		HMN Financial Inc. 2009 Equity Incentive Plan Incentive Stock Option Agreement; and
	•		HMN Financial Inc. 2009 Equity Incentive Plan Non-Statutory Stock Option Agreement.

     Each of the agreements is filed as an Exhibit to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

     (c) Exhibits

Exhibit Number		Description
99.1		HMN Financial Inc. 2009 Equity Incentive Plan Restricted Stock Agreement
99.2		HMN Financial Inc. 2009 Equity Incentive Plan Incentive Stock Option Agreement
99.3		HMN Financial Inc. 2009 Equity Incentive Plan Non-Statutory Stock Option Agreement

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.