Filing Details

Accession Number:
0001209191-16-108114
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-14 16:19:44
Reporting Period:
2016-03-11
Filing Date:
2016-03-14
Accepted Time:
2016-03-14 16:19:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1400810 Hci Group Inc. HCI () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1279202 A Martin Traber 5300 W. Cypress Street
Suite 100
Tampa FL 33607
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2016-03-11 6,000 $31.50 39,683 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 18,000 Direct
Common Stock 80,000 Indirect Martin A Traber 2012 Revocable Trust
Footnotes
  1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.50 to $31.53 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the 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.
  2. Restricted stock grant of 24,000 shares effective 5/16/2013: Restrictions as to 6,000 shares lapsed in 2013. On 3/2/16, the 6,000 share tranche that was to have vested one year after the closing price of HCI common shares equaled or exceeded $50 per share for 20 consecutive trading days was cancelled by the issuer pursuant to a settlement agreement. The remaining 12,000 shares vest as follows: as to 6,000 shares, one year after the closing price of HCI common shares equals or exceeds $65 per share for 20 consecutive trading days, and, as to 6,000 shares, one year after the closing price of HCI common shares equals or exceeds $80 per share for 20 consecutive trading days. All shares of which restrictions have not lapsed 6 years and one day from the grant date will be forfeited. 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 5/16/2013.