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HCI Group, Inc. — Director's Dealing 2013
Aug 28, 2013
31530_dirs_2013-08-28_61ba67e3-b060-400e-a6a3-ab7b85e19440.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HCI Group, Inc. (HCI)
CIK: 0001400810
Period of Report: 2013-08-27
Reporting Person: Wallace Scott R (Division President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-08-27 | Common Stock | F | 4195 | $30.80 | Disposed | 81461 | Direct |
Footnotes
F1: 4,195 shares were surrendered to cover the minimum federal income tax liability associated with the vesting on 08/27/2013 of 10,000 restricted shares.
F2: Restricted stock grant of 100,000 shares effective 4/20/2012: Restrictions on 50,000 shares of the restricted stock will lapse in annual increments of 10,000 shares beginning on the first anniversary of the vesting date. With respect to the remaining 50,000 restricted shares, the restriction period will lapse and 10,000 restricted shares will vest one year after the market price of HCI common shares equals or exceeds the target price in each case for 20 consecutive trading days. The target prices set for this grant are $12, $14, $16, $18 and $20. The number of shares reported in column 5 includes 50,000 unvested shares pursuant to this 4/20/2012 restricted stock grant.