Braun Michael H 4
4 · FedNat Holding Co · Filed Mar 8, 2019
Insider Transaction Report
Form 4
Braun Michael H
DirectorChief Executive Officer & Pres
Transactions
- Award
Common Stock, par value $0.01 per share
2019-03-06+55,462→ 643,987 total - Disposition to Issuer
Common Stock, par value $0.01 per share
2019-03-06−32,281→ 611,706 total
Footnotes (3)
- [F1]Reflects (i) 55,462 performance shares granted under the Issuer's 2018 Omnibus Incentive Compensation Plan, which vests up to 100% if certain performance goals are met over one- and three-year periods beginning on the grant date.
- [F2]Includes (i) 55,462 performance shares described in footnote (1); (ii) 59,682 performance shares granted under the 2012 Stock Incentive Plan (the "2012 Plan"), which are the unvested shares remaining after the forfeiture of 17,052 shares and which vest up to 100% if certain performance goals are met on March 16, 2021; (iii) 38,072 performance shares granted under the 2012 Plan which are the unvested shares remaining after the forfeiture of 15,229 shares and which vest up to 100% if certain performance goals are met on March 14, 2020; and (iv) 106,789 restricted shares granted under the 2012 Plan which vest 33-1/3% or 20% per year beginning May 5, 2018 and March 10, 2021, respectively.
- [F3]Shares granted under the 2012 Plan that were forfeited because performance goals were not met.