4//SEC Filing
Patel Harish M 4
Accession 0001209191-19-031700
CIK 0001400810other
Filed
May 20, 8:00 PM ET
Accepted
May 21, 3:36 PM ET
Size
7.6 KB
Accession
0001209191-19-031700
Insider Transaction Report
Form 4
Patel Harish M
Director
Transactions
- Other
Common stock
2019-05-17−12,000→ 0 total
Holdings
- 81,295
Common stock
- 20,000
Stock Option (Right to buy)
Exercise: $6.30Exp: 2021-08-25→ Common (20,000 underlying)
Footnotes (4)
- [F1]Shares are held jointly with spouse.
- [F2]A restricted stock award of 24,000 shares was granted May 16, 2013 with the provision that any unvested shares would be forfeited six years and one day after the grant date. The award was divided into four tranches of 6,000 shares each for which vesting was dependent upon the Issuer's common stock meeting certain price levels. Of the 24,000 shares, a 6,000 share tranche vested in 2013 and a 6,000 share tranche was cancelled pursuant to an agreement on February 23, 2016. The remaining 12,000 shares were forfeited on May 17, 2019. These shares had been granted pursuant to the Issuer's 2012 Omnibus Incentive Plan.
- [F3]The options were granted pursuant to the Homeowners Choice, Inc. 2007 Stock Option and Incentive Plan.
- [F4]Commencing on April 20, 2012 and continuing on the same day of each calendar year thereafter through and including April 20, 2014, the amount of 10,000 options became exercisable on each such annual vesting date.
Documents
Issuer
HCI Group, Inc.
CIK 0001400810
Entity typeother
Related Parties
1- filerCIK 0001518004
Filing Metadata
- Form type
- 4
- Filed
- May 20, 8:00 PM ET
- Accepted
- May 21, 3:36 PM ET
- Size
- 7.6 KB