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4//SEC Filing

Homeowners Choice, Inc. 4

Accession 0001209191-13-027558

$HCICIK 0001400810operating

Filed

May 19, 8:00 PM ET

Accepted

May 20, 4:27 PM ET

Size

6.8 KB

Accession

0001209191-13-027558

Insider Transaction Report

Form 4
Period: 2013-05-16
Transactions
  • Award

    Common Stock

    2013-05-16+24,00024,000 total
Holdings
  • Common Stock

    (indirect: By Trust)
    80,000
  • Common Stock

    45,683
Footnotes (1)
  • [F1]Restricted stock grant of 24,000 shares effective 5/16/2013: Restrictions will lapse: (i) as to 6,000 shares, one year after the closing price of HCI common shares equals or exceeds $35 per share for 20 consecutive trading days; (ii) as to 6,000 shares, one year after the closing price of HCI common shares equals or exceeds $50 per share for 20 consecutive trading days; (iii) as to 6,000 shares, one year after the closing price of HCI common shares equals or exceeds $65 per share for 20 consecutive trading days; (iv) as to 6,000 shares, one year after the closing price of HCI common shares equals or exceeds $80 per share for 20 consecutive trading days. All shares of which restrictions have not lapsed 6 years and one day from 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 5/16/2013.

Issuer

Homeowners Choice, Inc.

CIK 0001400810

Entity typeoperating
IncorporatedFL

Related Parties

1
  • filerCIK 0001400810

Filing Metadata

Form type
4
Filed
May 19, 8:00 PM ET
Accepted
May 20, 4:27 PM ET
Size
6.8 KB