X0306 4 2013-11-12 0 0001400810 HCI Group, Inc. HCI 0001439934 Patel Paresh 5300 W. CYPRESS STREET SUITE 100 TAMPA FL 33607 1 1 0 0 Chief Executive Officer Common stock 284000 D Common stock 75450 D Common stock 2013-11-12 4 P 0 356 43.80 A 34000 I IRA Common stock 400000 D Stock Option (Right to Buy) 2.50 2017-09-05 Common 60000 60000 D Stock Option (Right to Buy) 2.50 2017-05-31 Common 60000 60000 D Shares are held jointly with spouse. Restricted stock grant of 400,000 shares effective 5/16/2013: Restrictions will lapse: (i) as to 100,000 shares, one year after the closing price of HCI common shares equals or exceeds $35 per share for 20 consecutive trading days; (ii) as to 100,000 shares, one year after the closing price of HCI common shares equals or exceeds $50 per share for 20 consecutive trading days; (iii) as to 100,000 shares, one year after the closing price of HCI common shares equals or exceeds $65 per share for 20 consecutive trading days; (iv) as to 100,000 shares, one year after the closing price of HCI common shares equals or exceeds $80 per share for 20 consecutive trading days. All shares of which restrictions have not lapsed 6 years and one day from 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. The options were granted pursuant to the HCI Group, Inc. 2007 Stock Option and Incentive Plan. These options vest and become immediately exercisable upon the fair market value of the Company's Common Stock reaching $7.50 per share. Commencing on June 1, 2007 and continuing on the first day of each calendar month thereafter through and including January 1, 2010, the amount of 5,000 options will vest and become exercisable on each such monthly vesting date. /s/ Cathy J. Welch as Attorney-in-fact for Paresh Patel 2013-11-12