other material
confidence high
sentiment neutral
materiality 0.60
Shareholders approve Atlantic American's 2022 Equity Plan, authorizing up to 3M new shares
ATLANTIC AMERICAN CORP
- Plan approved with 16,733,381 votes for, 839,302 against, 8,029 abstain, and 1,099,989 broker non-votes.
- Plan replaces 2012 plan; adds 3,000,000 shares plus any forfeited shares from prior plan to the pool.
- Non-employee director compensation capped at $500,000 per calendar year under the new plan.
- Six directors elected and Dixon Hughes Goodman LLP ratified as auditor for fiscal 2022.