FEDERATED NATIONAL HOLDING CO 4
4 · FEDERATED NATIONAL HOLDING CO · Filed Mar 10, 2015
Insider Transaction Report
Form 4
Kimbrough Jenifer G
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2015-03-06$3.30/sh+2,000$6,600→ 19,142 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2015-03-06$2.45/sh+3,334$8,168→ 22,476 total - Exercise/Conversion
Stock Options (right to buy)
2015-03-06$2.45/sh+3,334$8,168→ 0 totalExercise: $2.45From: 2012-08-22Exp: 2021-08-22→ Common Stock, par value $0.01 per share (3,334 underlying) - Exercise/Conversion
Stock Options (right to buy)
2015-03-06$3.30/sh+2,000$6,600→ 0 totalExercise: $3.30From: 2010-04-01Exp: 2015-04-01→ Common Stock, par value $0.01 per share (2,000 underlying) - Sale
Common Stock, par value $0.01 per share
2015-03-06$28.55/sh−5,334$152,285→ 17,142 total
Holdings
- 1,110(indirect: By IRA)
Common Stock, par value $0.01 per share
- 15,000
Stock Options (right to buy)
Exercise: $4.40From: 2013-04-06Exp: 2022-04-06→ Common Stock, par value $0.01 per share (15,000 underlying)
Footnotes (4)
- [F1]2,381 restricted shares vested on 3/4/2015; therefore resulting from the vesting of 2,381 restricted shares, a total of 13,427 of the Reporting Person's shares are subject to vesting under the Issuer's 2012 Stock Incentive Plan.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.50 to $28.63, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F3]Options vest 20% per year.
- [F4]Options vest 33 1/3% per year.