Unassociated Document
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): October 23, 2006
 
 
FOOTHILLS RESOURCES, INC.

(Exact name of registrant as specified in its charter)
 
 
Nevada
 
001-31547
 
98-0339560
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification Number)
 
4540 California Avenue, Suite 550
    
Bakersfield, California
  
93309
(Address of principal executive offices)
 
(Zip Code)
 
(661) 716-1320
(Registrant’s 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):
 
¨
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))
 



Item 5.02 Election of Directors.

Effective October 23, 2006, the board of directors (the “Board”) of Foothills Resources, Inc. (the “Company”) elected John A. Brock as a director of the Company, filling a vacancy that existed on the Board. The election of Mr. Brock as a director was not pursuant to any arrangement or understanding between Mr. Brock and any third party. Mr. Brock is not expected to be named to a committee of the Board at this time.

Under the Company’s 2006 Equity Incentive Plan, on October 24, 2006 the Board granted Mr. Brock an option to purchase 100,000 shares of the Company’s common stock, par value $0.001 per share. The options are exercisable with respect to one-quarter of the shares on the date of the grant, and an additional one-quarter of the shares on each anniversary of the grant date for three years. The exercise price of the options is equal to the closing price of the Company’s common stock on October 24, 2006.

The Company announced the appointment of Mr. Brock to the Board in a press release on October 23, 2006, a copy of which is filed herewith as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(c)   Exhibits
 
Exhibit No.    Exhibit 
     
99.1
   Press release of Foothills Resources, Inc. dated October 23, 2006. 
  

  




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.
     
    Foothills Resources, Inc. 
     
    By:   /s/ W. Kirk Bosché 
    Name: W. Kirk Bosché 
    Title: Chief Financial Officer 
     
    Date: December 12, 2006 

 
 

 
Exhibit Index
 
Exhibit No.    Exhibit 
     
99.1
   Press release of Foothills Resources, Inc. dated October 23, 2006.