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INNOVATE Corp. — Director's Dealing 2014
Oct 30, 2014
34366_dirs_2014-10-30_8e44f926-7972-4e96-9e64-6ddfbdc680a1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HC2 Holdings, Inc. (HCHC)
CIK: 0001006837
Period of Report: 2014-10-28
Reporting Person: FALCONE PHILIP (Director, CEO, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-10-28 | Stock Option (right to buy) | $4.05 | A | 234608 | Acquired | 2024-05-20 | Common Stock (234608) | Direct |
| 2014-10-28 | Stock Option (right to buy) | $3.77 | A | 53963 | Acquired | 2024-05-20 | Common Stock (53963) | Direct |
| 2014-10-28 | Stock Option (right to buy) | $3.98 | A | 6140 | Acquired | 2024-05-20 | Common Stock (6140) | Direct |
| 2014-10-28 | Stock Option (right to buy) | $4.00 | A | 2394 | Acquired | 2024-05-20 | Common Stock (2394) | Direct |
| 2014-10-28 | Stock Option (right to buy) | $4.04 | A | 33124 | Acquired | 2024-05-20 | Common Stock (33124) | Direct |
| 2014-10-28 | Stock Option (right to buy) | $4.02 | A | 50247 | Acquired | 2024-05-20 | Common Stock (50247) | Direct |
| 2014-10-28 | Stock Option (right to buy) | $4.03 | A | 52485 | Acquired | 2024-05-20 | Common Stock (52485) | Direct |
| 2014-10-28 | Stock Option (right to buy) | $3.85 | A | 49372 | Acquired | 2024-05-20 | Common Stock (49372) | Direct |
| 2014-10-28 | Stock Option (right to buy) | $3.99 | A | 280472 | Acquired | 2024-05-20 | Common Stock (280472) | Direct |
| 2014-10-28 | Stock Option (right to buy) | $4.05 | A | 750000 | Acquired | 2024-05-20 | Common Stock (750000) | Direct |
| 2014-10-28 | Stock Option (right to buy) | $4.00 | A | 2667 | Acquired | 2024-05-20 | Common Stock (2667) | Direct |
| 2014-10-28 | Stock Option (right to buy) | $4.46 | A | 7786 | Acquired | 2024-05-20 | Common Stock (7786) | Direct |
| 2014-10-28 | Stock Option (right to buy) | $4.36 | A | 258824 | Acquired | 2024-05-20 | Common Stock (258824) | Direct |
Footnotes
F1: Reflects shares underlying an additional option (the "Option") to purchase shares of the common stock of HC2 Holdings, Inc. (the "Company") issued pursuant to an option agreement, originally dated as of May 21, 2014 and as reformed and clarified on October 26, 2014 (the "Option Agreement"), between the Company and Philip Falcone.
F2: The Option vests in three equal annual installments beginning on the date of issuance, subject to Mr. Falcone's continued employment with the Company on each vesting date, and will become immediately exercisable in the event of a Fundamental Change Transaction (as defined in the Option Agreement).
F3: The Option vests in three equal annual installments beginning on the date of issuance, subject to Mr. Falcone's continued employment with the Company on each vesting date, and will become immediately exercisable in the event of a Fundamental Change Transaction (as defined in the Option Agreement). The Option is also contingent on the conversion of the Company's Preferred Stock.