HCI Group, Inc. (NYSE:HCI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Compensatory Arrangements of Certain Officers
On March 17, 2017, our board of directors amended our 2012 Omnibus Incentive Plan to reduce the number of shares reserved under the plan from 5 million shares to 3 million shares. The restated plan appears as Exhibit 99.1 to this form 8-K.
Item 9.01 Exhibits
Exhibit 99.1 HCI Group, Inc. 2012 Omnibus Incentive Plan
About HCI Group, Inc. (NYSE:HCI)
HCI Group, Inc. (HCI) is a holding company. The Company is engaged in providing property and casualty insurance to homeowners, condominium owners, and tenants in the state of Florida through its subsidiaries. The Company operates through property and casualty insurance operations segment. The Company’s operations include Insurance Operations and Other Operations. The Company’s Insurance Operations include property and casualty insurance, and reinsurance. HCI’s Other Operations include information technology (IT) and real estate. The Company, through its subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., provides property and casualty insurance. Its real estate operations consist of properties it owns, operations located at those owned properties and investments in approximately three commercial development projects. Its IT operations are focused on developing cloud-based products or services, including Exzeo, Proplet and Atlas Viewer. HCI Group, Inc. (NYSE:HCI) Recent Trading Information
HCI Group, Inc. (NYSE:HCI) closed its last trading session up +0.30 at 45.15 with 70,440 shares trading hands.