HCI Group, Inc. — Director's Dealing 2018

Dec 20, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HCI Group, Inc. (HCI)
CIK: 0001400810
Period of Report: 2018-12-14

Reporting Person: Patel Harish M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-18	Common stock	P	565	$50.8623	Acquired	81295	Direct
2018-12-14	Common stock	P	650	$53.40	Acquired	80730	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock	12000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to buy)	$6.30	2021-08-25	Common (20000)	20000	Direct

Footnotes

F1: Shares are held jointly with spouse.

F2: Represents the remaining unvested, restricted shares from a restricted stock award granted May 16, 2013. 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 shares 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 and under the terms and conditions of a restricted stock agreement dated May 16, 2013.

F3: The options were granted pursuant to the Homeowners Choice, Inc. 2007 Stock Option and Incentive Plan.

F4: Commencing on April 20, 2012 and continuing on the same day of each calendar year thereafter through and including April 20, 2014, the amount of 10,000 options became exercisable on each such annual vesting date.