UCP, Inc. (NYSE:UCP) Files An 8-K Amendment to Registrant’s Code of Ethics, or Waiver of a Provision of the Code of Ethics
Amendments to the Registrants Code of Ethics,
or Waiver of a Provision of the Code of Ethics.
Company) adopted an amended and restated Code of Business Conduct
and Ethics (the Amended Code), as part of an annual review
. In addition to various non-substantive changes,
the Amended Code clarifies the Companys policy relating to the
receipt of gifts and entertainment that could influence, or be
perceived to influence, business decisions on behalf of the
Company. Prior to the amendment, employees of the Company were
strictly prohibited from accepting any cash or cash equivalents,
including gift cards, and were mandated to promptly return any
such gift to the donor. Without limiting any other gift
prohibitions, the Amended Code eliminates this strict prohibition
and permits employees to receive gift certificates or gift cards,
so long as not in excess of $100 from any single individual or
entity doing business with the Company during any calendar year.
In addition, the Company included a record retention policy,
which outlines the reasons for a retention policy, the types of
documents covered and compliance.
entirety by reference to the full text of the Amended Code, which
is filed as Exhibit 14.1 to this Form 8-K and is incorporated
herein by reference.
Financial Statements and Exhibits.
Amended and Restated Code of Business Conduct and Ethics
About UCP, Inc. (NYSE:UCP)
UCP, Inc. is a homebuilder and land developer with a focus on residential land acquisition, development and entitlement, as well as home design, construction and sales. The Company operates in two segments: homebuilding and land development. The homebuilding and land segments include two geographic regions: West and Southeast. The Company operates in the states of California, Washington, North Carolina, South Carolina, and Tennessee. In California, the Company primarily operates in the Central Valley area (Fresno and Madera counties), the Monterey Bay area (Monterey County), the South San Francisco Bay area (Santa Clara and San Benito counties) and in Southern California (Los Angeles, Ventura and Kern counties). In Washington State, it operates in the Puget Sound area (King, Snohomish, Thurston and Kitsap counties). In North Carolina, South Carolina and Tennessee, its operations are in the Charlotte, Myrtle Beach and Nashville markets. UCP, Inc. (NYSE:UCP) Recent Trading Information
UCP, Inc. (NYSE:UCP) closed its last trading session down -0.25 at 10.50 with 27,825 shares trading hands.