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HCI Group, Inc. Director's Dealing 2011

Apr 6, 2011

31530_dirs_2011-04-06_2935bd6c-f5ab-4020-b883-4b9d87ce7d0b.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: 2011-04-04

Reporting Person: Persaud Krishna (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-04 Common stock D 80000 $8.00 Disposed 0 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common stock 120000 Indirect

Footnotes

F1: The reporting person holds voting and investment power of the remaining 120,000 shares, which are held by Homeowners Choice Holdings, LLC. Prior to the sale on January 20, 2010 of 200,000 shares, the reporting person held the voting and investment power of the 320,000 shares originally reported on Form 3 as held by Windsor Related Holdings, LLC. The reporting person subsequently transferred the 320,000 shares to Homeowners Choice Holdings, LLC.

F2: These shares were redeemed by the issuer at a price of $8.00 per share on April 4, 2011 under a formal stock purchase agreement.