HCI Group, Inc. — Director's Dealing 2012

Oct 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Homeowners Choice, Inc. (HCII)
CIK: 0001400810
Period of Report: 2012-10-09

Reporting Person: TRABER MARTIN A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-09	Common stock	J	80000	—	Disposed	45683	Direct
2012-10-09	Common stock	J	80000	—	Acquired	80000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$2.50	2017-05-31	Common (27003)	82997	Direct
Stock Option (Right to Buy)	$2.50	2017-05-31	Common (30000)	30000	Direct

Footnotes

F1: Shares were transferred from Martin Traber to Martin A Traber 2012 Revocable Trust - there was no consideration related to such transfer.

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.