UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

~~PURSUANT TO~~Pursuant ~~SECTION~~ to Section 13 ORor 15(d) of the Securities Exchange Act of 1934

OFDate ~~THE~~of ~~SECURITIES~~Report ~~EXCHANGE~~(Date ~~ACT~~of OFearliest ~~1934~~event reported): September 21, 2016

Date of Report (Date of earliest event reported): June 2, 2016

OTTAWA SAVINGS BANCORP, INC.

(Exact Name of Registrant as Specified in Its Charter)

United States

0-51367

20-3074627

(State or other jurisdiction of

incorporation or organization)

(Commission

File Number)

(IRS Employer

Identification No.)

925 LaSalle Street, Ottawa, ILIllinois 61350

(Address of principal executive offices) (Zip Code)

(815) 433-2525

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

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:

¨[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨[ X ] 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 18.01 Other ~~Entry into a Material Definitive Agreement.~~Events

On ~~June 2~~September 21, 2016, ~~the Boards of Directors of~~ Ottawa Savings Bancorp, Inc. (the “~~Mid-Tier Holding~~ Company”), ~~Ottawa~~issued ~~Savings~~a ~~Bancorp~~press ~~MHC~~release (announcing that the ~~“MHC”)~~subscription and ~~Ottawa~~community ~~Savings~~offering ~~Bank~~of (the ~~“Bank”)~~common ~~adopted~~stock ~~a Plan~~ of ~~Conversion~~Ottawa ~~and~~Bancorp, ~~Reorganization~~Inc., (the ~~“Plan”)~~ ~~pursuant~~proposed tonew ~~which~~holding ~~the~~company ~~Bank~~for ~~will~~Ottawa ~~reorganize~~Savings ~~from~~Bank (the ~~mutual~~“Bank”), ~~holding~~concluded ~~company~~on ~~form~~September of12, ~~organization~~2016 toand ~~the~~was ~~stock~~oversubscribed ~~holding~~by ~~company~~the ~~form of organization~~community. The ~~terms~~offering ofwas ~~the~~undertaken ~~Plan~~in ~~provide~~connection ~~for~~with the ~~sale~~conversion of ~~shares~~Ottawa ofSavings aBancorp ~~newly-formed~~MHC ~~holding company~~from (the ~~“Company”)~~mutual toholding ~~depositors~~company ~~and~~to ~~certain borrowers of~~ the ~~Bank~~stock ~~and~~holding ~~other~~company ~~members~~form of ~~the public and for the exchange of shares of the Mid-Tier Holding Company for shares of the Company~~organization.

The ~~new~~completion ~~Maryland-chartered~~of ~~holding~~the ~~company~~conversion ~~will~~and ~~offer~~offering ~~shares~~remain ofsubject ~~its~~to ~~common~~approval ~~stock~~by ~~for~~both ~~sale to~~ the ~~Bank’s~~members ~~eligible~~of ~~account~~Ottawa ~~holders~~Savings ~~and certain~~Bancorp ~~borrowers~~MHC and tothe ~~members~~shareholders of the ~~general~~Company, ~~public~~as inwell aas ~~subscription~~to ~~and~~customary ~~community~~regulatory ~~offering~~approvals inand the ~~manner,~~satisfaction ~~and~~of ~~subject~~customary closing conditions. Subject to ~~the~~receipt ~~priorities~~of those approvals and satisfaction of those conditions, ~~set~~the ~~forth~~Company inanticipates closing the ~~Plan~~transaction in early to mid-October. ~~The~~Final ~~highest~~results ~~priority~~of the offering and the anticipated closing date will be ~~depositors~~announced ~~with~~following ~~qualifying~~the ~~deposits~~receipt as of ~~May 31, 2015.~~all regulatory approvals necessary to complete the transaction.

The ~~conversion~~shares ~~and~~of ~~reorganization~~the ~~will~~Company’s becommon ~~subject~~stock will continue to trade on the ~~approval~~OTC ofPink Marketplace under the ~~members~~trading ofsymbol ~~the~~“OTTW” ~~MHC,~~through the ~~stockholders~~closing date of the ~~Mid-Tier Holding~~conversion. ~~Company~~Following closing, ~~and~~it is anticipated that the ~~Board~~shares of ~~Governors~~Ottawa ofBancorp, Inc. common stock will trade on the ~~Federal~~Nasdaq ~~Reserve~~Capital ~~System~~Market under the same trading symbol.

~~The~~A ~~foregoing~~copy ~~summary~~ of the ~~Plan~~press isrelease ~~not complete and~~ is ~~qualified~~ ~~in its entirety by reference to the complete text of such document, which is~~ filed as Exhibit 299.1 tohereto ~~this Form 8-K~~ and ~~which is~~ incorporated ~~herein~~ by reference ~~in its entirety~~.

AThis ~~copy~~report ofcontains certain forward-looking statements about the ~~Mid~~conversion and reorganization. Forward-~~Tier~~looking ~~Holding~~statements ~~Company’s~~include ~~press~~statements ~~release~~regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” ~~dated~~“expect,” ~~June 3~~“anticipate,” ~~2016~~“estimate,” ~~announcing~~and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include delays in the ~~adoption~~consummation of the ~~Plan~~conversion isof ~~filed~~Ottawa asSavings ~~Exhibit 99.1~~Bancorp MHC from the mutual holding company to ~~this~~the ~~Form~~stock ~~8-K~~holding company form of organization, increased competitive pressures, changes in the interest rate environment, general economic conditions or conditions within the securities markets, and islegislative ~~incorporated~~and ~~herein~~regulatory bychanges ~~reference~~that could adversely affect the business in ~~its~~which ~~entirety~~the Company is engaged. The Company does not undertake and specifically declines any obligation to publicly release the results of any revisions, which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as required to be reported under the rules and regulations of the United States Securities and Exchange Commission.

~~Item~~Ottawa 9Bancorp, Inc.01 ~~Financial~~has ~~Statements~~filed with the Securities and ~~Other~~Exchange ~~Exhibits~~Commission a Registration Statement on Form S-1 relating to the proposed conversion of Ottawa Savings Bancorp MHC, which includes a prospectus for the offer and sale of Ottawa Bancorp, Inc. common stock as well as the proxy statement of the Company for the solicitation of proxies from its shareholders for use at the meeting at which the conversion will be considered. Shareholders of the Company are urged to read the proxy statement/prospectus because it contains important information. Investors are able to obtain all documents filed with the Securities and Exchange Commission by Ottawa Bancorp, Inc. free of charge at the Securities and Exchange Commission’s website, www.sec.gov. In addition, documents filed with the Securities and Exchange Commission by Ottawa Bancorp, Inc. are available free of charge from the Corporate Secretary of Ottawa Bancorp, Inc. at 925 LaSalle Street, Ottawa, Illinois 61350. The directors, executive officers, and certain other members of management and employees of the Company and Ottawa Bancorp, Inc. will participate in the solicitation of proxies in favor of the conversion from the shareholders of the Company. Information about the directors and executive officers of the Company and Ottawa Bancorp, Inc. is included in the proxy statement/prospectus filed with the Securities and Exchange Commission.

This report does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. The offer is made only by means of the written prospectus forming part of the registration statement (and, in the case of the subscription and community offering, an accompanying stock order form).

The shares of common stock of Ottawa Bancorp, Inc. are not savings accounts or savings deposits, may lose value and are not insured by the Federal Deposit Insurance Corporation or any other government agency.

Item 9.01 Financial Statements and Other Exhibits

(d) Exhibits

Number		Description
2.1		Plan of Conversion and Reorganization
99.1		Press Release dated June 3, 2016

Number Description

~~SIGNATURES~~ 99.1 Press Release dated September 21, 2016

~~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.~~ SIGNATURE

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 thereunto duly authorized.

		OTTAWA SAVINGS BANCORP, INC.



Date: September 21, 2016	By:	/s/ Jon Kranov
		Jon Kranov
		President and Chief Executive Officer

OTTAWA SAVINGS BANCORP, INC.

(Registrant)

Date: June 3, 2016

/s/ Jon Kranov

Jon Kranov

President and Chief Executive Officer

Filing Compare · Ottawa Savings Bancorp, Inc.