SEC Form 4 · accession 0001209191-17-062814
HCI Group, Inc. · HCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Macchiarola
Director
Period of report
Nov 27, 2017
Accepted (ET)
Nov 29, 2017 · 3:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001400810
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Nov 27, 2017 | P | 6,000 | $30.4372 | A | 6,000 | D | |
| Common StockF1 | holding | — | — | — | 12,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock grant effective 11/12/2013: 6,000 shares will vest one year after the closing price of HCI common shares equals or exceeds $65 per share for 20 consecutive trading days, and 6,000 will vest one year after the closing price of HCI common shares equals or exceeds $80 per share for 20 consecutive trading days. All shares for which restrictions have not lapsed 6 years and one day from the grant date will be forfeited. These shares were granted by the Company pursuant to the Company's 2012 Omnibus Incentive Plan.
- F2The reported price in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $30.43 to $30.46 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.