4//SEC Filing
HCI Group, Inc. 4
Accession 0001209191-16-155136
$HCICIK 0001400810operating
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 4:02 PM ET
Size
7.4 KB
Accession
0001209191-16-155136
Insider Transaction Report
Form 4
TRABER MARTIN A
Director
Transactions
- Purchase
Common Stock
2016-12-12$35.68/sh+6,000$214,051→ 45,683 total
Holdings
- 80,000(indirect: By Trust)
Common Stock
- 18,000
Common Stock
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $35.62 to $35.74 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]Restricted stock grant of 24,000 shares effective 5/16/2013: Restrictions as to 6,000 shares lapsed in 2013. On 3/2/16, 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 was cancelled by the issuer pursuant to a settlement agreement. The remaining 12,000 shares vest as follows: 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, and, 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 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.
Documents
Issuer
HCI Group, Inc.
CIK 0001400810
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0001400810
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 4:02 PM ET
- Size
- 7.4 KB