CENTURY COMMUNITIES, INC. (NYSE:CCS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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CENTURY COMMUNITIES, INC. (NYSE:CCS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item5.02.

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

On May10, 2017, the stockholders of Century Communities, Inc.
(the Company), upon recommendation of the Board of Directors of
the Company (the Board), approved the Century Communities, Inc.
2017 Omnibus Incentive Plan (the 2017 Plan) at the 2017 annual
meeting of stockholders. The Board previously approved the 2017
Plan, subject to approval by the Companys stockholders, on
February8, 2017.

The 2017 Plan became effective immediately upon approval by the
Companys stockholders and will expire on May9, 2027, unless
terminated earlier by the Board. The 2017 Plan replaced the
Century Communities, Inc. 2013 First Amended Restated Long-Term
Incentive Plan (the 2013 Plan). The 2017 Plan permits the
Compensation Committee of the Board, or a subcommittee thereof,
to grant to eligible employees, non-employee directors and
consultants of the Company non-statutory and incentive stock
options, stock appreciation rights, restricted stock awards,
restricted stock units, deferred stock units, performance awards,
annual performance cash awards, non-employee director awards,
other cash-based awards and other stock-based awards. The
Compensation Committee may select 2017 Plan participants and
determine the nature and amount of awards to be granted.

Subject to adjustment as provided in the 2017 Plan, the number of
shares of Company common stock available for issuance under the
2017 Plan is 850,000 shares, plus (i)575,984 shares of Company
common stock that were available for issuance under the 2013
Plan, but not subject to outstanding awards, as of May10, 2017,
and (ii)up to an additional 690,182 shares of Company common
stock subject to awards outstanding under the 2013 Plan as of
May10, 2017 that are subsequently forfeited or cancelled or
expire or otherwise terminate without the issuance of such shares
(which may otherwise be returned and available for grant under
the term of the 2013 Plan and 2017 Plan).

The foregoing summary of the 2017 Plan does not purport to be
complete and is qualified in its entirety by reference to the
text of the 2017 Plan, which is filed as Exhibit 10.1 to this
Current Report on Form 8-K and incorporated herein by reference.
A more detailed summary of the 2017 Plan can be found in the
definitive proxy statement for the Companys 2017 annual meeting
of stockholders filed with the Securities and Exchange Commission
(the SEC) on March29, 2017.

Also on May10, 2017, the Board and the Compensation Committee
approved forms of award agreements for use in granting restricted
stock unit awards under the 2017 Plan. These forms are filed as
Exhibits 10.2 and 10.3 to this report and incorporated herein by
reference.

Item5.07. Submission of Matters to a Vote of Security
Holders.

The Company held its 2017 annual meeting of stockholders (the
Annual Meeting) on May10, 2017. As of the close of business on
March15, 2017, the record date for the Annual Meeting, there were
22,121,658 shares of Company common stock outstanding and
entitled to vote at the Annual Meeting. Each share of Company
common stock was entitled to one vote. Stockholders holding an
aggregate of 20,912,181 shares of Company common stock entitled
to vote at the Annual Meeting, representing 94.5% of the
outstanding shares of Company common stock as of the record date,
and which constituted a quorum thereof, were present in person or
represented by proxy at the Annual Meeting.

At the Annual Meeting, the Companys stockholders considered three
proposals, each of which is described in more detail in the
Companys definitive proxy statement filed with the SEC on
March29, 2017.

The final results of such stockholder voting on each proposal
brought before the Annual Meeting are set forth below:

ProposalNo.1- The five director nominees proposed by the Board were elected
to serve as members of the Board until the next annual
meeting of stockholders and until their successors are duly
elected and qualified by the following final voting results:
Votes For VotesWithheld BrokerNon-Votes

Dale Francescon

18,509,060 487,973 1,915,148

Robert F. Francescon

17,608,144 1,388,889 1,915,148

James M. Lippman

18,540,205 456,828 1,915,148

Keith R. Guericke

18,540,205 456,828 1,915,148

John P. Box

17,170,837 1,826,196 1,915,148
ProposalNo.2- The approval of the Century Communities, Inc. 2017 Omnibus
Incentive Plan was approved by the following final voting
results:
Votes For VotesAgainst VotesAbstained BrokerNon-Votes
16,444,616 2,499,528 52,889 1,915,148
ProposalNo.3- The ratification of the appointment of Ernst Young LLP as the
Companys independent registered public accounting firm for
the year ending December31, 2017 was approved by the
following final voting results:
Votes For VotesAgainst VotesAbstained BrokerNon-Votes
20,906,150 3,225 2,806
Item9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

10.1 Century Communities, Inc. 2017 Omnibus Incentive Plan
10.2 Form of Employee Restricted Stock Unit Award Agreement for
use with the Century Communities, Inc. 2017 Omnibus Incentive
Plan
10.3 Form of Non-Employee Director Restricted Stock Unit Award
Agreement for use with the Century Communities, Inc. 2017
Omnibus Incentive Plan


CENTURY COMMUNITIES, INC. (NYSE:CCS) Recent Trading Information

CENTURY COMMUNITIES, INC. (NYSE:CCS) closed its last trading session down -0.05 at 25.55 with 320,295 shares trading hands.