Mark Harmsworth - Oct 5, 2022 Form 4 Insider Report for HCI Group, Inc. (HCI)

Role: Chief Financial Officer
Signature: /s/ Andrew L. Graham as Attorney-in-fact for J. Mark Harmsworth
Stock symbol: HCI
Transactions as of: Oct 5, 2022
Transactions value $: -$522,718
Form type: 4
Date filed: 10/7/2022, 04:05 PM
Previous filing: May 26, 2022
Next filing: Mar 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCI	Common Stock	Tax liability	-$523K	-13.4K	-100%	$39.07	0	Oct 5, 2022	Direct	F4, F5
holding	HCI	Common Stock						48K	Oct 5, 2022	Direct
holding	HCI	Common Stock						875	Oct 5, 2022	Direct	F1
holding	HCI	Common Stock						1.75K	Oct 5, 2022	Direct	F2
holding	HCI	Common Stock						2.25K	Oct 5, 2022	Direct	F3
holding	HCI	Common Stock						34K	Oct 5, 2022	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	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.
F3	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.
F4	13,379 shares were surrendered to cover the federal income tax liability associated with the vesting of 34,000 restricted shares on October 5, 2022.
F5	Restricted stock grant of 34,000 shares effective 2/26/2021: Restricted shares vested 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.
F6	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.