0001209191-17-034591.txt : 20170523 0001209191-17-034591.hdr.sgml : 20170523 20170523154632 ACCESSION NUMBER: 0001209191-17-034591 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170520 FILED AS OF DATE: 20170523 DATE AS OF CHANGE: 20170523 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: 17863684 MAIL ADDRESS: STREET 1: 5300 WEST CYPRESS STREET CITY: TAMPA STATE: FL ZIP: 33607 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-05-20 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 18000 D Common stock 10000 D Common stock 1885 D Common stock 2017-05-20 4 F 0 204 44.01 D 2091 D Common Stock 27987 D Common Stock 2017-05-20 4 F 0 176 44.01 D 2324 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 05/16/13: The Issuer cancelled effective 3/2/2016 the 6,000 share tranche of this grant 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. Of the award's 18,000 remaining shares, 6,000 have previously vested, 6,000 shares will vest one year after the closing price of HCI common shares equals or exceeds $65 per share for 20 consecutive trading days, and 6,000 will vest one year after the closing price of HCI common shares equals or exceeds $80 per share for 20 consecutive trading days. All shares for 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. 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 625 unvested shares pursuant to this 2/28/2014 restricted stock grant. 204 shares were surrendered to cover the minimum federal income tax liability associated with the vesting of 625 restricted shares on 05/20/2017. 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. The number of shares reported in column 5 includes 1,250 unvested shares pursuant to this 5/20/15 restricted stock grant. 176 shares were surrendered to cover the minimum federal income tax liability associated with the vesting of 625 restricted shares on 05/20/2017. Restricted stock grant of 2,500 shares effective 6/06/2016: Restriction period will lapse and the restricted shares will vest as follows: 625 shares on each of May 20, 2017, May 20, 2018, May 20, 2019, and May 20, 2020. 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 6/06/2016. The number of shares reported in column 5 includes 1,875 unvested shares pursuant to this 6/06/16 restricted stock grant. /s/ Andrew L. Graham as Attorney-in-fact for Anthony Saravanos 2017-05-23