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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.