Anthony Saravanos - 26 Feb 2024 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
26 Feb 2024
Transactions value $
-$21,901
Form type
4
Filing time
28 Feb 2024, 16:07:16
Previous filing
13 Feb 2024
Next filing
19 Mar 2024
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 -$21.9K -223 -22.92% $98.21 750 26 Feb 2024 Direct F3, F4
holding HCI Common stock 80K 26 Feb 2024 By HC Investment LLC
holding HCI Common stock 1.2K 26 Feb 2024 By Self and Maria Saravanos as Custodian for son, Kostos Anthony Saravanos
holding HCI Common Stock 140 26 Feb 2024 By Anthony Saravanos IRA
holding HCI Common Stock 71.4K 26 Feb 2024 Direct F1
holding HCI Common Stock 875 26 Feb 2024 Direct F2
holding HCI Common Stock 34K 26 Feb 2024 Direct
* 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 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.
F2 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.
F3 223 shares were surrendered to cover the federal income tax liability associated with the vesting of 750 shares on February 26, 2024.
F4 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.