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) May 5, 2003
UNIONBANCORP, INC.
------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 0-28846 36-3145350
--------------------------- --------------- ---------------------
State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
321 West Main Street, Ottawa, IL 61350
------------------------------------------------
(Address of principal executive offices)(Zip Code)
(815) 431-2720
------------------------------------------------------
Registrant's telephone number, including area code
N.A.
------------------------------------------------------
(Former name and address, if changed since last report)
Item 5. Other Events
On Friday, May 2, 2003, the Company issued a press release announcing that the
Board of Directors has approved a stock repurchase plan whereby the Company may
repurchase from time to time up to 5% of its outstanding shares of common stock
in the open market or in private transactions over the next 18 months. The text
of the press release is attached hereto as Exhibit 99.1.
Item 7. Financial Statements and Exhibits
(a) Financial Statements of Business Acquired.
None.
(b) Pro Forma Financial Information.
None.
(c) Exhibits.
99.1 Press Release dated May 2, 2003.
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.
UNIONBANCORP, INC.
Dated: May 5, 2003 /s/ CHARLES J. GRAKO
------------------------------------------
Charles J. Grako
President and Principal Executive Officer
Dated: May 5, 2003 /s/ KURT R. STEVENSON
------------------------------------------
Kurt R. Stevenson
Vice President and Principal Financial and
Accounting Officer