X0306 4 2016-10-06 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 2016-10-06 4 M 0 30000 2.50 A 197000 D Common stock 34000 I IRA Common stock 300000 D Common stock 284000 D Stock Option (Right to Buy) 2.50 2016-10-06 4 M 0 30000 2.50 D 2017-09-05 Common 30000 30000 D Restricted stock grant of 400,000 shares effective 5/16/2013: the Issuer cancelled effective 3/2/2016 a 100,000 share tranche of this grant that was to have vested one year after the closing price of HCI common shares equaled or exceeded $50 per share for 20 consecutive trading days. Of the award's 300,000 remaining shares, 100,000 have previously vested, 100,000 shares will vest one year after the closing price of HCI common shares equals or exceeds $65 per share for 20 consecutive trading days, and 100,000 will vest one year after the closing price of HCI common shares equals or exceeds $80 per share for 20 consecutive trading days. All shares for which restrictions have not lapsed 6 years and one day from the 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. Shares held jointly with spouse. The options were granted pursuant to the HCI Group, Inc. 2007 Stock Option and Incentive Plan. These options vested and became immediately exercisable upon the fair market value of the Company's Common Stock reaching $7.50 per share. /s/ Cathy J. Welch as Attorney-in-fact for Paresh Patel 2016-10-12