SEC Form 4 · accession 0001209191-18-063661

HCI Group, Inc. · HCI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Dec 14, 2018

Accepted (ET)

Dec 20, 2018 · 4:21 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
Common stock^F1	Dec 18, 2018	P	565	$50.8623	A	81,295	D
Common stock^F1	Dec 14, 2018	P	650	$53.40	A	80,730	D
Common stock^F2	holding	—	—		—	12,000	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to buy)^F3,F4	$6.30	holding	—	—	—	—	Aug 25, 2021	Common	20,000	20,000	D

F1Shares are held jointly with spouse.
F2Represents the remaining unvested, restricted shares from a restricted stock award granted May 16, 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 shares 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 and under the terms and conditions of a restricted stock agreement dated May 16, 2013.
F3The options were granted pursuant to the Homeowners Choice, Inc. 2007 Stock Option and Incentive Plan.
F4Commencing on April 20, 2012 and continuing on the same day of each calendar year thereafter through and including April 20, 2014, the amount of 10,000 options became exercisable on each such annual vesting date.