Politis Gregory 4
4 · HCI Group, Inc. · Filed Apr 16, 2019
Insider Transaction Report
Form 4
Politis Gregory
Director
Transactions
- Purchase
Common Stock
2019-04-12$40.91/sh+4,000$163,620→ 206,000 total
Holdings
- 200,000
Common Stock
- 12,000
Common Stock
Footnotes (3)
- [F1]The reported price in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $40.81 to $40.91 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]Shares held jointly with spouse.
- [F3]Represents the remaining unvested, restricted shares from a restricted stock award granted May 16, 2013. 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 shares 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 May 16, 2013.