1347 Property Insurance Holdings, Inc. 4
4 · 1347 Property Insurance Holdings, Inc. · Filed Jun 16, 2016
Insider Transaction Report
Form 4
Raucy Douglas N
DirectorPresident and CEO
Transactions
- Award
Option (right to buy)
2016-06-14+66,066→ 66,066 totalExercise: $8.00From: 2014-03-31Exp: 2016-12-31→ Common Stock (66,066 underlying) - Disposition to Issuer
Option (right to buy)
2016-06-14−66,066→ 0 totalExercise: $8.00From: 2014-03-31Exp: 2016-06-15→ Common Stock (66,066 underlying)
Footnotes (2)
- [F1]The reported transactions involved an amendment of an outstanding option, resulting in a deemed cancellation of the "old" option and the grant of a replacement option.
- [F2]Upon exercise of the option to purchase, 33,033 shares of common stock for $8.00 per share, the Reporting Person is entitled to receive an award of 33,033 additional shares of restricted common stock within 30 days.