Persaud Krishna 4
4 · Homeowners Choice, Inc. · Filed Apr 6, 2011
Insider Transaction Report
Form 4
Persaud Krishna
Director
Transactions
- Disposition to Issuer
Common stock
2011-04-04$8.00/sh−80,000$640,000→ 0 total(indirect: By LLC)
Holdings
- 120,000(indirect: By LLC)
Common stock
Footnotes (2)
- [F1]The reporting person holds voting and investment power of the remaining 120,000 shares, which are held by Homeowners Choice Holdings, LLC. Prior to the sale on January 20, 2010 of 200,000 shares, the reporting person held the voting and investment power of the 320,000 shares originally reported on Form 3 as held by Windsor Related Holdings, LLC. The reporting person subsequently transferred the 320,000 shares to Homeowners Choice Holdings, LLC.
- [F2]These shares were redeemed by the issuer at a price of $8.00 per share on April 4, 2011 under a formal stock purchase agreement.