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HCI Group, Inc. Director's Dealing 2011

Jan 3, 2011

31530_dirs_2011-01-03_b92f76b3-67df-462f-aaca-2e987568ca5b.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: 2011-01-03

Reporting Person: Persaud Krishna (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-30 Common stock G 30000 Disposed 0 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common stock 120000 Indirect
Common stock 80000 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: Bona fide gift of 30,000 shares to one family member who does not reside in the same household as Mr. Persaud.