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4//SEC Filing

HCI Group, Inc. 4

Accession 0001209191-17-031210

$HCICIK 0001400810operating

Filed

May 9, 8:00 PM ET

Accepted

May 10, 4:00 PM ET

Size

10.1 KB

Accession

0001209191-17-031210

Insider Transaction Report

Form 4
Period: 2017-05-08
Allen Richard R
Chief Financial Officer
Transactions
  • Tax Payment

    Common stock

    2017-05-08$45.33/sh538$24,3880 total
Holdings
  • Common stock

    450
  • Common stock

    41,571
  • Common stock

    1,885
  • Common stock

    1,875
  • Common Stock

    2,500
Footnotes (6)
  • [F1]Shares are held jointly with spouse.
  • [F2]538 shares were surrendered to cover the minimum federal income tax liability associated with the vesting of 2,000 restricted shares on May 8, 2017.
  • [F3]This Restricted Stock Grant of 30,000 shares effective 5/8/2012 has vested in full. Restrictions on 10,000 shares lapsed 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 periods lapsed and 4,000 restricted shares vested one year after the market price of HCI common shares equaled or exceeded the target price in each case for 20 consecutive trading days. The target prices set for this grant were $16, $19, $22, $25 and $28.
  • [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 625 unvested shares pursuant to this 2/28/2014 restricted stock grant.
  • [F5]Restricted stock grant of 2,500 shares effective 5/20/2015: Restriction period will lapse and the restricted shares will vest as follows: 625 shares on each of May 20, 2016, May 20, 2017, May 20, 2018, and May 20, 2019. 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 5/20/2015. The number of shares reported in column 5 represent the remaining unvested shares pursuant to this 5/20/15 restricted stock grant.
  • [F6]Restricted stock grant of 2,500 shares effective 6/06/2016: Restriction period will lapse and the restricted shares will vest as follows: 625 shares on each of May 20, 2017, May 20, 2018, May 20, 2019, and May 20, 2020. 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 6/06/2016.

Issuer

HCI Group, Inc.

CIK 0001400810

Entity typeoperating
IncorporatedFL

Related Parties

1
  • filerCIK 0001400810

Filing Metadata

Form type
4
Filed
May 9, 8:00 PM ET
Accepted
May 10, 4:00 PM ET
Size
10.1 KB