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4//SEC Filing

HCI Group, Inc. 4

Accession 0001209191-15-005136

$HCICIK 0001400810operating

Filed

Jan 19, 7:00 PM ET

Accepted

Jan 20, 4:49 PM ET

Size

8.1 KB

Accession

0001209191-15-005136

Insider Transaction Report

Form 4
Period: 2015-01-15
Allen Richard R
Chief Financial Officer
Transactions
  • Tax Payment

    Common Stock

    2015-01-15$45.23/sh205$9,2722,295 total
Holdings
  • Common Stock

    6,000
  • Common Stock

    36,734
  • Common stock

    450
Footnotes (4)
  • [F1]Shares are held jointly with spouse.
  • [F2]Restricted stock grant of 30,000 shares effective 5/8/2012: Restrictions on 10,000 shares of the restricted stock will lapse in annual increments of 2,000 shares beginning on the first anniversary of the grant date. With respect to the remaining 20,000 restricted shares, the restriction period will lapse and 4,000 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 $16, $19, $22, $25 and $28. The number of shares in column 5 represent the remaining unvested shares pursuant to this 5/8/2012 restricted stock grant.
  • [F3]205 shares were surrendered to cover the minimum federal income tax liability associated with the vesting on 01/15/2015 of 625 restricted shares. The forfeiture of shares for tax withholding is mandated by the restricted stock agreement.
  • [F4]Restricted stock grant of 2,500 shares effective 2/28/2014: Restriction period will lapse and the restricted shares will vest as follows: 625 shares on each of January 15, 2015, January 15, 2016, January 15, 2017, and January 15, 2018. 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 2/28/2014. The number of shares in column 5 includes 1,875 unvested shares pursuant to this 2/28/2014 restricted stock grant.

Issuer

HCI Group, Inc.

CIK 0001400810

Entity typeoperating
IncorporatedFL

Related Parties

1
  • filerCIK 0001400810

Filing Metadata

Form type
4
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 4:49 PM ET
Size
8.1 KB