4//SEC Filing
HCI Group, Inc. 4
Accession 0001209191-16-106103
$HCICIK 0001400810operating
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:29 PM ET
Size
8.5 KB
Accession
0001209191-16-106103
Insider Transaction Report
Form 4
Politis Gregory
Director
Transactions
- Other
Common Stock
2016-03-02−6,000→ 18,000 total
Holdings
- 160,000
Common Stock
- 200,000
Common Stock
- 30,000
Stock Option (Right to Buy)
Exercise: $2.50Exp: 2017-05-31→ Common Stock (30,000 underlying)
Footnotes (4)
- [F1]Shares held jointly with spouse.
- [F2]Pursuant to an amendment to this 24,000 share restricted stock award granted 5/16/13, the Issuer cancelled effective 3/2/2016 the 6,000 share tranche that was to have vested one year after the closing price of HCI common shares equaled or exceeded $50 per share for 20 consecutive trading days. Of the award's 18,000 remaining shares, 6,000 have previously vested, 6,000 shares will vest one year after the closing price of HCI common shares equals or exceeds $65 per share for 20 consecutive trading days, and 6,000 will vest one year after the closing price of HCI common shares equals or exceeds $80 per share for 20 consecutive trading days. All shares for which restrictions have not lapsed 6 years and one day from the 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.
- [F3]The options were granted pursuant to the HCI Group, Inc. 2007 Stock Option and Incentive Plan.
- [F4]Commencing on June 1, 2007 and continuing on the first day of each calendar month thereafter through and including January 1, 2010, the amount of 5,000 options vested and became exercisable on each such monthly vesting date.
Documents
Issuer
HCI Group, Inc.
CIK 0001400810
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0001400810
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:29 PM ET
- Size
- 8.5 KB