James Mark Harmsworth - 26 Mar 2024 Form 4 Insider Report for HCI Group, Inc. (HCI)

Signature
/s/ J. Mark Harmsworth
Issuer symbol
HCI
Transactions as of
26 Mar 2024
Transactions value $
-$2,342,400
Form type
4
Filing time
28 Mar 2024, 16:03:09 UTC
Previous filing
28 Feb 2024
Next filing
22 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCI Common Stock Sale -$2.34M -20K -56.47% $117.12 15.4K 26 Mar 2024 Direct F1, F2
holding HCI Common Stock 875 26 Mar 2024 Direct F3
holding HCI Common Stock 750 26 Mar 2024 Direct F4
holding HCI Common Stock 34K 26 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 $116.382 to $117.745 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or 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 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 companny's 2012 Omnibus Incentive Plan and under the terms and conditions of a restricted stock agreement dated 5/26/2020.
F4 Restricted stock grant of 3,000 shares effective 2/26/2021: Restricted shares 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 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.