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HCI Group, Inc. — Director's Dealing 2010
Oct 21, 2010
31530_dirs_2010-10-21_c81a49ed-997b-40a9-b439-1d0bd1cc3883.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Homeowners Choice, Inc. (HCII)
CIK: 0001400810
Period of Report: 2010-08-31
Reporting Person: TRABER MARTIN A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-08-31 | Common stock | J | 60000 | $0.00 | Disposed | 60000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $2.50 | 2017-05-31 | Common (160000) | 160000 | Direct |
| Stock Option (Right to Buy) | $2.50 | 2017-05-31 | Common (30000) | 30000 | Direct |
Footnotes
F1: Shares were transferred to Mr. Traber's former spouse in August 2010 on or before August 31, 2010 pursuant to a marital settlement.
F2: The options were granted pursuant to the Homeowners Choice, Inc. 2007 Stock Option and Incentive Plan.
F3: Commencing on June 1, 2007 and continuing on the first day of each calendar month thereafter through and including January 1, 2010, the amount of 5,000 options will vest and become exercisable on each such monthly vesting date.
F4: Commencing on May 1, 2008 and continuing on the same day of each calendar year thereafter through and including May 1, 2010, the amount of 10,000 options will vest and become exercisable on each such annual vesting date.