UNIVERSAL INSURANCE HOLDINGS, INC. 4
4 · UNIVERSAL INSURANCE HOLDINGS, INC. · Filed Nov 20, 2014
Insider Transaction Report
Form 4
Callahan Scott P.
Director
Transactions
- Sale
Common Stock
2014-11-20$18.84/sh−10,000$188,400→ 1,000 total - Exercise/Conversion
Common Stock
2014-11-18$7.33/sh+10,000$73,300→ 11,000 total - Exercise/Conversion
Option to Purchase Common Stock
2014-11-18−10,000→ 10,000 totalExercise: $7.33From: 2014-07-08Exp: 2018-07-08→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Code M represents an exercise or conversion of derivative security exempted pursuant to Rule 16b-3 of the Securities Exchange Act, as amended ("Rule 16b-3").
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $18.80 to $18.92, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2).
- [F3]Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Callahan, effective as of July 8, 2013. The option vested in full on July 8, 2014.