Filing Details
- Accession Number:
- 0001209191-10-035110
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-06-21 13:00:00
- Reporting Period:
- 2010-06-18
- Filing Date:
- 2010-06-21
- Accepted Time:
- 2010-06-21 16:04:43
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1400810 | Homeowners Choice Inc. | HCII | Fire, Marine & Casualty Insurance (6331) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1438968 | Iii Xavier Francis Mccahill | 2340 Drew Street Suite 200 Clearwater FL 33765 | President And Ceo | Yes | Yes | 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 | Acquisiton | 2010-06-18 | 1,000 | $5.45 | 2,000 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 1,000 | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common | Stock Warrant (Right to Buy) | $9.10 | 2008-07-30 | 2013-07-30 | 500 | 1,000 | Direct |
Common | Stock Option (Right to Buy) | $2.50 | 2007-06-01 | 2017-05-31 | 26,000 | 26,000 | Direct |
Common | Stock Option (Right to Buy) | $2.50 | 2017-05-31 | 124,000 | 150,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2013-07-30 | 500 | 1,000 | Direct |
2017-05-31 | 26,000 | 26,000 | Direct |
2017-05-31 | 124,000 | 150,000 | Direct |
Footnotes
- Shares are held jointly with spouse.
- In connection with the Homeowners Choice, Inc. initial public offering ("IPO"), 1,000 units were purchased on 7/30/08 at a price of $7.00 per unit, with each unit consisting of one share of common stock and one warrant. Two warrants may be exercised to acquire one share of common stock at an exercise price equal to $9.10 per share. The warrants may be exercised any time after the closing of the IPO up to five years after the IPO closing date.
- The options were granted pursuant to the Homeowners Choice, Inc. 2007 Stock Option and Incentive Plan.
- These options fully vested effective with the June 1, 2007 grant date.
- Commencing on May 1, 2008 and continuing on the same day of each calendar year thereafter through and including May 1, 2012, the amount of 24,800 options will vest and become exercisable on each such annual vesting date.