Filing Details

Accession Number:
0000950170-24-043259
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-04-10 14:14:42
Reporting Period:
2024-04-09
Accepted Time:
2024-04-10 14:14:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1400810 Hci Group Inc. HCI Fire, Marine & Casualty Insurance (6331) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1439934 Paresh Patel 3802 Coconut Palm Drive
Tampa FL 33619
Chief Executive Officer No 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 Acquisiton 2024-04-09 1,000 $114.90 349,000 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 37,500 Indirect IRA
Common Stock 447,000 Direct
Common Stock 10,000 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Option (Right to Buy) $40.00 2027-01-07 110,000 110,000 Direct
Common Stock Option (Right to Buy) $40.00 2028-02-08 110,000 110,000 Direct
Common Stock Option (Right to Buy) $53.00 2029-01-15 110,000 110,000 Direct
Common Stock Option (Right to Buy) $48.00 2030-01-16 110,000 110,000 Direct
Common Stock Option (Right to Buy) $70.00 2033-09-15 150,000 150,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2027-01-07 110,000 110,000 Direct
2028-02-08 110,000 110,000 Direct
2029-01-15 110,000 110,000 Direct
2030-01-16 110,000 110,000 Direct
2033-09-15 150,000 150,000 Direct
Footnotes
  1. Shares held jointly with spouse.
  2. Restricted stock grant of 10,000 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 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.
  3. The options were granted pursuant to the HCI Group, Inc. 2012 OMnibus Incentive Plan.
  4. The options were granted on January 7, 2017 at an exercise price of $40.00 per share, in excess of the $39.71 market value. All options have vested and may be exercised at any time up to and including January 7, 2027.
  5. The options were granted on February 8, 2018 at an exercise price of $40.00 per share, in excess of the $34.92 market value. All options have vested and may be exercised at any time up to and including February 8, 2028.
  6. The options were granted on January 15, 2019 at an exercise price of $53.00 per share, in excess of the $47.94 market value. All options have vested and may be exercised at any time up to and including January 15, 2029.
  7. The options were granted on January 16, 2020 at an exercise price of $48.00 per share, in excess of the $45.97 market value. All options have vested and may be exercised at any time up to and including January 16, 2030.
  8. The options were granted on September 15, 2023 and vested on December 14, 2023 at an exercise price of $70.00 per share when the company stock value first equaled and exceeded $80.00 for 20 consecutive days on the applicable exchange. The options will expire on September 15, 2033.