4//SEC Filing
Donaghy Stephen 4
Accession 0000891166-23-000002
CIK 0000891166other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 7:24 PM ET
Size
10.9 KB
Accession
0000891166-23-000002
Insider Transaction Report
Form 4
Donaghy Stephen
Executive V.P., URA Inc.
Transactions
- Exercise/Conversion
Common Stock
2023-01-03+16,000→ 676,887 total - Tax Payment
Common Stock
2023-01-03$10.23/sh−6,314$64,592→ 670,573 total - Tax Payment
Common Stock
2023-01-03$10.23/sh−9,441$96,581→ 661,132 total - Exercise/Conversion
Performance Share Units
2023-01-03−16,000→ 0 total→ Common Stock (16,000 underlying)
Footnotes (3)
- [F1]These performance share units ("PSUs") were granted on March 1, 2021, and were conditional upon the Issuer meeting certain growth performance goals for the 2020 calendar year. On February 23, 2021, the Compensation Committee of the Issuer's Board of Directors confirmed that the Issuer met the performance goals for the 2020 calendar year. Each PSU represents the right to receive one share of Common Stock upon vesting. The PSUs are scheduled to vest as follows, subject to continued employment by the reporting person through the applicable vesting date: (a) 17,000 PSUs vested on March 1, 2021, (b) 17,000 PSUs vested on March 1, 2022, and (c) 16,000 PSUs vested on January 3, 2023 (the first business day after December 31, 2022).
- [F2]These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the settlement of vested PSUs into shares of Common Stock.
- [F3]These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the vesting of 25,000 RSUs on January 3, 2023.
Documents
Issuer
UNIVERSAL INSURANCE HOLDINGS, INC.
CIK 0000891166
Entity typeother
Related Parties
1- filerCIK 0001492959
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 7:24 PM ET
- Size
- 10.9 KB