LYNCH JAMES M 4
4 · UNIVERSAL INSURANCE HOLDINGS, INC. · Filed Dec 18, 2009
Insider Transaction Report
Form 4
LYNCH JAMES M
Executive VP and CFO
Transactions
- Exercise/Conversion
Common Stock
2009-12-16$3.90/sh+11,657$45,462→ 46,657 total - Exercise/Conversion
Options to Purchase Common Stock
2009-12-16−11,657→ 35,000 totalExercise: $3.90From: 2008-05-16Exp: 2013-05-16→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]Amount reflects aggregate number of shares of Common Stock received after exercise of options to purchase 50,000 shares of Common Stock. The exercise was a "cashless exercise" that covered the cost required for the exercise of the options and the statutory tax liability associated with such exercise.