Karin Coleman - Feb 26, 2023 Form 4 Insider Report for HCI Group, Inc. (HCI)

Role
Chief Operating Officer, Director
Signature
/s/ Andrew L. Graham as Attorney-in-fact for Karin Coleman
Stock symbol
HCI
Transactions as of
Feb 26, 2023
Transactions value $
-$11,542
Form type
4
Date filed
3/7/2023, 03:07 PM
Previous filing
Oct 7, 2022
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCI Common Stock Tax liability -$11.5K -223 -12.94% $51.76 1.5K Feb 26, 2023 Direct F3, F4
holding HCI Common Stock 44.3K Feb 26, 2023 Direct
holding HCI Common Stock 875 Feb 26, 2023 Direct F1
holding HCI Common Stock 1.75K Feb 26, 2023 Direct F2
holding HCI Common Stock 34K Feb 26, 2023 Direct F5
* 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 223 shares were surrendered to cover the minimum federal income tax liability associated with the vesting of 750 restricted shares on February 26, 2023.
F4 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.
F5 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.