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HCI Group, Inc. Director's Dealing 2016

Mar 4, 2016

31530_dirs_2016-03-04_5aee9e2b-a7f0-4b35-a156-f44e3d92e791.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: 2016-03-02

Reporting Person: Burks Robert Wayne (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-03-02 Common Stock J 12000 Disposed 12000 Direct

Footnotes

F1: Pursuant to an amendment to this 24,000 share restricted stock award granted 11/12/13, the Issuer cancelled effective 3/2/2016 the 6,000 share tranche that was to have vested one year after the closing price of HCI common shares equaled or exceeded $50 per share for 20 consecutive trading days, and the 6,000 share tranche that was to have vested one year after the closing price of HCI common shares equaled or exceeded $95 per share for 20 consecutive trading days. Of the award's 12,000 remaining shares, 6,000 shares will vest one year after the closing price of HCI common shares equals or exceeds $65 per share for 20 consecutive trading days, and 6,000 will vest one year after the closing price of HCI common shares equals or exceeds $80 per share for 20 consecutive trading days. All shares for which restrictions have not lapsed 6 years and one day from the grant date will be forfeited. These shares were granted by the Company pursuant to the Company's 2012 Omnibus Incentive Plan.