Andrew L. Graham - 24 Jan 2022 Form 4 Insider Report for HCI Group, Inc. (HCI)

Signature
/s/ Andrew L. Graham
Issuer symbol
HCI
Transactions as of
24 Jan 2022
Net transactions value
+$54,013
Form type
4
Filing time
11 Feb 2022, 15:36:22 UTC
Previous filing
25 Jan 2022
Next filing
01 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCI Common Stock Other $54,013 +784 +2.6% $68.89 31,407 24 Jan 2022 Direct F1
holding HCI Common Stock 3,115 24 Jan 2022 By Andrew L. Graham IRA
holding HCI Common Stock 875 24 Jan 2022 Direct F2
holding HCI Common Stock 1,750 24 Jan 2022 Direct F3
holding HCI Common Stock 2,625 24 Jan 2022 Direct F4
holding HCI Common Stock 3,000 24 Jan 2022 Direct F5
holding HCI Common Stock 34,000 24 Jan 2022 Direct F6
holding HCI Common Stock 34,000 24 Jan 2022 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Graham's brokerage agent initiated a sale of 784 shares held in his margin account on 1/21/2022, as previously noted on the latest Form 4. However, the sale was cancelled on 1/24/2022 before the settlement date.
F2 Restricted stock grant of 3,500 shares effective 6/19/2018: Restriction period will lapse and the restricted shares will vest as follows: 875 shares on each of May 20, 2019, May 20, 2020, May 20, 2021, and May 20, 2022. 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 6/19/2018.
F3 Restricted stock grant of 3,500 shares effective 6/14/2019: Restriction period will lapse and the restricted shares will vest as follows: 875 shares on each of May 20, 2020, May 20, 2021, May 20, 2022, and May 20, 2023. 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 6/14/2019.
F4 Restricted stock grant of 3,500 shares effective 5/26/2020: Restriction period will lapse and the restricted shares will vest as follows: 875 shares on each of May 20, 2021, May 20, 2022, May 20, 2023, and May 20, 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 dated 5/26/2020.
F5 Restricted stock grant of 3,000 shares effective 2/26/2021: Restriction period will lapse and the restricted shares will vest as follows: 750 shares on each of February 26, 2022, February 26, 2023, February 26, 2024, and February 26, 2025. 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 2/26/2021.
F6 Restricted stock grant of 34,000 shares effective 2/26/2021: Restricted shares will vest on October 5, 2022, which is the first anniversary of the date on which the company stock value first equaled or exceeded $105 for 30 consecutive trading days on the applicable exchange. 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 2/26/2021.
F7 Restricted stock grant of 34,000 shares effective 2/26/2021: Restricted shares will vest, if ever, on the first anniversary of the date on which the company stock value first equals or exceeds $140 for 30 consecutive trading days on the applicable exchange. 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 2/26/2021.