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 19, 2009 CHEVIOT FINANCIAL CORP. ----------------------- (Exact Name of Registrant as Specified in Charter) Federal 0-50529 56-2423750 ------------------------------ ---------------- ----------------- (State or Other Jurisdiction) (Commission File No.) (I.R.S. Employer of Incorporation) Identification No.) 3723 Glenmore Avenue, Cheviot, Ohio 45211 ------------------------------------ ------------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (513) 661-0457 -------------- 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 (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 1.01 Entry into a Material Definitive Agreement On May 19, 2009, the Board of Directors of Cheviot Financial Corp. (the "Company") granted non-statutory stock options and restricted stock awards to a certain director of the Company, as described below. The options and restricted stock awards were granted pursuant to the Company's 2005 Stock-Based Incentive Plan (the "Stock Plan"). Each option and restricted stock award was evidenced by an option agreement or restricted stock agreement executed concurrently with the grant of the individual awards. GRANTS OF STOCK OPTIONS The table below sets forth the individual grants, the exercise prices therefor and the vesting dates of stock option grants under the Stock Plan. Award Recipient Amount Exercise Price Vesting --------- ------ -------------- ------- Steven R. Hausfeld 4,460 $8.48 892 shares on May 19, 2010 892 shares on May 19, 2011 892 shares on May 19, 2012 892 shares on May 19, 2013 892 shares on May 19, 2014 GRANTS OF RESTRICTED STOCK Award Recipient Amount Vesting --------- ------ ------- Steven R. Hausfeld 1,425 285 shares on May 19, 2010 285 shares on May 19, 2011 285 shares on May 19, 2012 285 shares on May 19, 2013 285 shares on May 19, 2014 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. CHEVIOT FINANCIAL CORP. DATE: May 19, 2009 By:/s/ Scott T. Smith ---------------------------- Scott T. Smith Chief Financial Officer