INNOVATE Corp. — Director's Dealing 2018

Jun 15, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HC2 HOLDINGS, INC. (HCHC)
CIK: 0001006837
Period of Report: 2018-06-13

Reporting Person: FALCONE PHILIP (Director, CEO, Chairman and President, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-02	Common Stock	G	50000	—	Disposed	1159921	Direct
2018-04-12	Common Stock	G	25000	—	Disposed	1134921	Direct
2018-04-20	Common Stock	G	25000	—	Disposed	1109921	Direct
2018-05-08	Common Stock	G	25000	—	Disposed	1084921	Direct
2018-05-31	Common Stock	G	25000	—	Disposed	1059921	Direct
2018-06-13	Common Stock	A	1134852	—	Acquired	2194773	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-13	Stock option (Right To Buy)	$5.45	A	425276	Acquired	2028-03-16	Common Stock (425276.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	540000	Indirect

Footnotes

F1: The restricted stock units reported will vest as follows: 374,312 of the RSUs will vest on March 15, 2019; 380,270 of the RSUs will vest on March 16, 2020; and 380,270 of the RSUs will vest on March 16, 2021 (each such date, a "Vesting Date"), provided reporting person continues as an officer of HC2 Holdings, Inc. ("HC2") on each such Vesting Date.

F2: The stock options reported will vest as follows: 140,270 option shares will vest on March 15, 2019; 142,503 option shares will vest on March 16, 2020; and 142,503 option shares will vest on March 16, 2021 (each such date, a "Vesting Date"), provided reporting person continues as an officer of HC2 on each such Vesting Date.