Sanjay Madhu - 27 Mar 2024 Form 4 Insider Report for HCI Group, Inc. (HCI)

Role
Director
Signature
/s/ Andrew L. Graham as Attorney-in-fact for Sanjay Madhu
Issuer symbol
HCI
Transactions as of
27 Mar 2024
Net transactions value
-$3,871,144
Form type
4
Filing time
29 Mar 2024, 16:02:05 UTC
Previous filing
17 Apr 2024
Next filing
14 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCI Common Stock Sale $391,051 -3,294 -4.4% $118.72 71,706 27 Mar 2024 By Universal Finance & Investments, LLC F1, F2, F3
transaction HCI Common Stock Sale $3,480,094 -30,206 -42% $115.21 41,500 28 Mar 2024 By Universal Finance & Investments, LLC F1, F3, F4
holding HCI Common Stock 2,803 27 Mar 2024 By Self's IRA
holding HCI Common Stock 9,988 27 Mar 2024 Direct
holding HCI Common Stock 500 27 Mar 2024 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is seeking to improve modestly the diversification of his investment holdings.
F2 The reported price in Column 4 is a weighted average price. The shares were sold in multiple transactions ranging from $118.63 to $119.50 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, jor the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The reporting person holds voting and investment power of all shares held by Universal Finance & Investments, LLC.
F4 The reported price in Column 4 is a weighted average price. The shares were sold in multiple transactions ranging from $113.77 to $116.26 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, jor the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 Restricted stock grant of 500 shares effective 6/9/2023: The restricted shares will vest on 5/21/2024. 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.