HCI Group, Inc. 4
4 · HCI Group, Inc. · Filed Nov 13, 2013
Insider Transaction Report
Form 4
Macchiarola James J
Director
Transactions
- Award
Common Stock
2013-11-12+24,000→ 24,000 total
Footnotes (1)
- [F1]Restricted stock grant of 24,000 shares effective 11/12/2013: Restriction period will lapse and 6,000 restricted shares will vest one year after the market price of HCI common shares equals or exceeds the target price in each case for 20 consecutive trading days. The target prices set for this grant are $50, $65, $80 and $95. 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 11/12/2013. The number of shares reported in column 5 includes 24,000 unvested shares pursuant to this 11/12/2013 restricted stock grant.