Anthony Saravanos - 20 May 2022 Form 4 Insider Report for HCI Group, Inc. (HCI)

Role
Division President, Director
Signature
/s/ Andrew L. Graham as Attorney-in-fact for Anthony Saravanos
Issuer symbol
HCI
Transactions as of
20 May 2022
Transactions value $
-$41,221
Form type
4
Filing time
26 May 2022, 16:34:14
Previous filing
18 Mar 2022
Next filing
23 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCI Common Stock Tax liability -$13.7K -212 -100% $64.61 0 20 May 2022 Direct F2, F3
transaction HCI Common Stock Tax liability -$13.8K -213 -19.58% $64.61 875 20 May 2022 Direct F4, F5
transaction HCI Common Stock Tax liability -$13.8K -213 -10.85% $64.61 1.75K 20 May 2022 Direct F4, F6
holding HCI Common stock 1.2K 20 May 2022 By Self as Custodian for nephew, Nolan Tuite
holding HCI Common stock 80K 20 May 2022 By HC Investment LLC F1
holding HCI Common stock 1.2K 20 May 2022 By Self and Maria Saravanos as Custodian for son, Kostos Anthony Saravanos
holding HCI Common Stock 140 20 May 2022 By Anthony Saravanos IRA
holding HCI Common Stock 48.4K 20 May 2022 Direct
holding HCI Common Stock 2.25K 20 May 2022 Direct F7
holding HCI Common Stock 34K 20 May 2022 Direct F8
holding HCI Common Stock 34K 20 May 2022 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person holds voting and investment power over the 80,000 shares held by HC Investment LLC.
F2 212 shares were surrendered to cover the minimum federal income tax liability associated with the vesting of 875 restricted shares on May 20, 2022.
F3 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.
F4 213 shares were surrendered to cover the minimum federal income tax liability associated with the vesting of 875 restricted shares on May 20, 2022.
F5 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.
F6 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.
F7 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.
F8 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.
F9 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.