PMI Group 8-K 2010
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
The PMI Group, Inc.
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) The Compensation Committee (the "Committee") of the Board of Directors of The PMI Group, Inc. ("PMI") oversees and reviews PMI's executive compensation policies and programs and approves the form and amount of compensation to be paid to PMI's executive officers. On February 24, 2010, the Committee took the following actions with respect to 2010 annual base salaries and bonus incentive awards for the 2009 performance period for PMI's Named Executive Officers ("NEOs") as determined by reference to PMI's Proxy Statement, dated April 3, 2009:
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.