Politis Gregory 4
4 · HCI Group, Inc. · Filed Dec 21, 2017
Insider Transaction Report
Form 4
Politis Gregory
Director
Transactions
- Purchase
Common Stock
2017-12-19$29.10/sh+2,000$58,200→ 196,000 total
Holdings
- 18,000
Common Stock
- 200,000
Common Stock
Footnotes (2)
- [F1]Shares held jointly with spouse.
- [F2]Restricted stock grant of 24,000 shares effective 5/16/2013: the Issuer cancelled effective 3/2/2016 a 6,000 share tranche of this grant 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.