0001209191-13-021811.txt : 20130417 0001209191-13-021811.hdr.sgml : 20130417 20130417164708 ACCESSION NUMBER: 0001209191-13-021811 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130415 FILED AS OF DATE: 20130417 DATE AS OF CHANGE: 20130417 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Wallace Scott R CENTRAL INDEX KEY: 0001548495 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34126 FILM NUMBER: 13767301 MAIL ADDRESS: STREET 1: 5300 WEST CYPRESS STREET STREET 2: SUITE 100 CITY: TAMPA STATE: FL ZIP: 33607 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Homeowners Choice, 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 CITY: TAMPA STATE: FL ZIP: 33607 BUSINESS PHONE: 813 405 3600 MAIL ADDRESS: STREET 1: 5300 WEST CYPRESS STREET CITY: TAMPA STATE: FL ZIP: 33607 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2013-04-15 0 0001400810 Homeowners Choice, Inc. HCI 0001548495 Wallace Scott R 5300 WEST CYPRESS STREET SUITE 100 TAMPA FL 33607 0 0 0 1 Division President Common Stock 2013-04-15 4 F 0 2766 25.53 D 97234 D Common Stock 2013-04-17 4 S 0 1460 25.7826 D 95774 D 2,766 shares were surrendered and 1,460 shares were sold to cover the anticipated federal income tax liability associated with the vesting of 10,000 restricted shares. Restricted Stock Grant effective 4/20/2012: (a) 50,000 shares of the Restricted Stock issued hereunder the Restrictions will lapse in annual increments of 10,000 shares beginning on the first anniversary of the Vesting Date. (b) The remaining 50,000 shares of the Restricted Stock issued hereunder the Restrictions will lapse: (i) as to 10,000 shares, one year after the Closing Price equals or exceeds $12 per share for 20 consecutive trading days; (ii) as to 10,000 shares, one year after the Closing Price equals or exceeds $14 per share for 20 consecutive trading days; (iii) as to 10,000 shares, one year after the Closing Price equals or exceeds $16 per share for 20 consecutive trading days; (iv) as to 10,000 shares, one year after the Closing Price equals or exceeds $18 per share for 20 consecutive trading days; (v) as to 10,000 shares, one year after the Closing Price equals or exceeds $20 per share for 20 consecutive trading days; /s/ Cathy J. Welch as Attorney-in-fact for Scott R. Wallace 2013-04-17