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4//SEC Filing

McCahill Francis Xavier III 4

Accession 0001209191-10-035110

CIK 0001400810other

Filed

Jun 20, 8:00 PM ET

Accepted

Jun 21, 4:04 PM ET

Size

10.6 KB

Accession

0001209191-10-035110

Insider Transaction Report

Form 4
Period: 2010-06-18
McCahill Francis Xavier III
DirectorPresident and CEO
Transactions
  • Purchase

    Common stock

    2010-06-18$5.45/sh+1,000$5,4502,000 total
Holdings
  • Stock Option (Right to Buy)

    Exercise: $2.50From: 2007-06-01Exp: 2017-05-31Common (26,000 underlying)
    26,000
  • Stock Option (Right to Buy)

    Exercise: $2.50Exp: 2017-05-31Common (124,000 underlying)
    150,000
  • Common stock

    1,000
  • Stock Warrant (Right to Buy)

    Exercise: $9.10From: 2008-07-30Exp: 2013-07-30Common (500 underlying)
    1,000
Footnotes (5)
  • [F1]Shares are held jointly with spouse.
  • [F2]In connection with the Homeowners Choice, Inc. initial public offering ("IPO"), 1,000 units were purchased on 7/30/08 at a price of $7.00 per unit, with each unit consisting of one share of common stock and one warrant. Two warrants may be exercised to acquire one share of common stock at an exercise price equal to $9.10 per share. The warrants may be exercised any time after the closing of the IPO up to five years after the IPO closing date.
  • [F3]The options were granted pursuant to the Homeowners Choice, Inc. 2007 Stock Option and Incentive Plan.
  • [F4]These options fully vested effective with the June 1, 2007 grant date.
  • [F5]Commencing on May 1, 2008 and continuing on the same day of each calendar year thereafter through and including May 1, 2012, the amount of 24,800 options will vest and become exercisable on each such annual vesting date.

Issuer

Homeowners Choice, Inc.

CIK 0001400810

Entity typeother

Related Parties

1
  • filerCIK 0001438968

Filing Metadata

Form type
4
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 4:04 PM ET
Size
10.6 KB