INDEPENDENCE HOLDING COMPANY (NYSE:IHC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
Entry into a Material Definitive Agreement.
On November 11, 2016, the stockholders of Independence Holding Company (the “Company”) approved the Independence Holding Company 2016 Stock Incentive Plan (the “Plan) at the Company’s Annual Meeting of Stockholders. A description of the Plan is set forth in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on October 11, 2016 (the “Proxy Statement”) in the section entitled “Summary of 2016 Stock Incentive Plan,” which description is incorporated herein by reference. The description is qualified in its entirety by reference to the full text of the Plan, a copy of which is attached to the Proxy Statement as Appendix A and which is incorporated in Item 9.01 of this Current Report on Form 8-K by reference.
Financial Statements and Exhibits.
Independence Holding Company 2016 Stock Incentive Plan (incorporated by reference to Appendix A to the Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on October 11, 2016)
Form of Stock Option Agreement*
Form of Restricted Share Unit Award Agreement*
Form of Share Appreciation Rights Award Agreement*
* Filed herewith
About INDEPENDENCE HOLDING COMPANY (NYSE:IHC)
Independence Holding Company (IHC) is a holding company principally engaged in the life and health insurance business. The Company’s segments include Medical Stop-Loss; Fully Insured Health; Group disability, life and DBL; Individual life, annuities and other, and Corporate. The Company is a writer across the nation of excess or stop-loss insurance for self-insured employer groups that desire to manage the risk of large medical claims (Medical Stop-Loss). The Fully Insured Health segment includes various categories, such as ancillary benefits, including dental, vision, short-term medical (STM), supplemental products (including fixed indemnity limited benefit, critical illness, and hospital indemnity); pet insurance, and non-subscriber occupational accident. The Group Disability segment comprises long term disability (LTD) and disability benefits law (DBL). It provides specialized disability, and health coverage and related services to commercial customers and individuals. INDEPENDENCE HOLDING COMPANY (NYSE:IHC) Recent Trading Information
INDEPENDENCE HOLDING COMPANY (NYSE:IHC) closed its last trading session 00.00 at 19.35 with 12,700 shares trading hands.