0001209191-15-082645.txt : 20151201 0001209191-15-082645.hdr.sgml : 20151201 20151201160829 ACCESSION NUMBER: 0001209191-15-082645 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151130 FILED AS OF DATE: 20151201 DATE AS OF CHANGE: 20151201 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HCI Group, Inc. CENTRAL INDEX KEY: 0001400810 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 000000000 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5300 WEST CYPRESS STREET STREET 2: SUITE 100 CITY: TAMPA STATE: FL ZIP: 33607 BUSINESS PHONE: 813 849-9500 MAIL ADDRESS: STREET 1: 5300 WEST CYPRESS STREET STREET 2: SUITE 100 CITY: TAMPA STATE: FL ZIP: 33607 FORMER COMPANY: FORMER CONFORMED NAME: Homeowners Choice, Inc. DATE OF NAME CHANGE: 20070524 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Saravanos Anthony CENTRAL INDEX KEY: 0001439930 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34126 FILM NUMBER: 151262524 MAIL ADDRESS: STREET 1: 5300 WEST CYPRESS STREET CITY: TAMPA STATE: FL ZIP: 33607 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2015-11-30 0 0001400810 HCI Group, Inc. HCI 0001439930 Saravanos Anthony 5300 W. CYPRESS STREET SUITE 100 TAMPA FL 33607 1 1 0 0 Division President Common stock 1200 I By Self as Custodian for niece, Elliana Tuite Common stock 1200 I By Self as Custodian for nephew, Nolan Tuite Common stock 80000 I By HC Investment LLC Common stock 1200 I By Self and Maria Saravanos as Custodian for son, Kostos Anthony Saravanos Common stock 24000 D Common stock 10000 D Common stock 2295 D Common stock 2500 D Common Stock 2015-11-30 4 M 0 30000 2.50 A 30000 D Common Stock 2015-11-30 4 F 0 2013 37.27 D 27987 D Stock Option (Right to Buy) 2.50 2015-11-30 4 M 0 30000 2.50 D 2017-05-31 Common 30000 0 D The reporting person holds voting and investment power of the 80,000 shares held by HC Investment LLC. Restricted stock grant of 24,000 shares effective 5/16/2013: Restrictions will lapse: (i) as to 6,000 shares, one year after the closing price of HCI common shares equals or exceeds $35 per share for 20 consecutive trading days; (ii) as to 6,000 shares, one year after the closing price of HCI common shares equals or exceeds $50 per share for 20 consecutive trading days; (iii) 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; (iv) 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 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. Restricted stock grant of 10,000 shares effective 8/29/2013: Restriction period will lapse and the restricted shares will vest as follows: (i) as to 2,500 shares, one year after the company has acquired at least $25 million of real property; (ii) as to 2,500 shares, one year after the company has acquired at least $50 million of real property; (iii) as to 2,500 shares, one year after the company has acquired at least $75 million of real property; and (iv) as to 2,500 shares, one year after the company has acquired at least $100 million of real property. The foregoing dollar figures are cumulative and apply to acquisitions of real property occurring after the grant date. 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 8/29/2013. Restricted stock grant of 2,500 shares effective 2/28/2014: Restriction period will lapse and the restricted shares will vest as follows: 625 shares on each of January 15, 2015, January 15, 2016, January 15, 2017, and January 15, 2018. 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 2/28/2014.The number of shares reported in column 5 includes 1,875 unvested shares pursuant to this 2/28/2014 restricted stock grant. Restricted stock grant of 2,500 shares effective 5/20/2015: Restriction period will lapse and the restricted shares will vest as follows: 625 shares on each of May 20, 2016, May 20, 2017, May 20, 2018, and May 20, 2019. 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 5/20/2015. Reflects 2,013 shares withheld by the Issuer at the market price of $37.27 per share to fund the cashless exercise of 30,000 options. The options were granted pursuant to the HCI Group, Inc. 2007 Stock Option and Incentive Plan. Commencing on May 1, 2008 and continuing on the same day of each calendar year thereafter through and including May 1, 2010, the amount of 10,000 options vested and became exercisable on each such annual vesting date. /s/ Cathy J. Welch as Attorney-in-fact for Anthony Saravanos 2015-12-01