Anthony Saravanos - Feb 26, 2023 Form 4 Insider Report for HCI Group, Inc. (HCI)

Signature
/s/ Andrew L. Graham as Attorney-in-fact for Anthony Saravanos
Stock symbol
HCI
Transactions as of
Feb 26, 2023
Transactions value $
-$11,542
Form type
4
Date filed
3/7/2023, 03:12 PM
Previous filing
Jan 31, 2023
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCI Common Stock Tax liability -$11.5K -223 -12.94% $51.76 1.5K Feb 26, 2023 Direct F4, F5
holding HCI Common stock 1.2K Feb 26, 2023 By Self as Custodian for nephew, Nolan Tuite
holding HCI Common stock 80K Feb 26, 2023 By HC Investment LLC F1
holding HCI Common stock 1.2K Feb 26, 2023 By Self and Maria Saravanos as Custodian for son, Kostos Anthony Saravanos
holding HCI Common Stock 140 Feb 26, 2023 By Anthony Saravanos IRA
holding HCI Common Stock 69.5K Feb 26, 2023 Direct
holding HCI Common Stock 875 Feb 26, 2023 Direct F2
holding HCI Common Stock 1.75K Feb 26, 2023 Direct F3
holding HCI Common Stock 34K Feb 26, 2023 Direct F6
* 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 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.
F3 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.
F4 223 shares were surrendered to cover the federal income tax liability associated with the vesting of 750 shares on February 26, 2023.
F5 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.
F6 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.