FEDERATED NATIONAL HOLDING CO 4
4 · FEDERATED NATIONAL HOLDING CO · Filed Aug 11, 2015
Insider Transaction Report
Form 4
PRYGELSKI PETER J
DirectorCFO, Treasurer
Transactions
- Sale
Common Stock, par value $0.01 per share
2015-08-10$24.40/sh−3,735$91,134→ 100,822 total
Holdings
- 4,000(indirect: By IRA)
Common Stock, par value $0.01 per share
- 15,000
Stock Options (right to buy)
Exercise: $4.36From: 2011-03-03Exp: 2020-03-03→ Common Stock, par value $0.01 per share (15,000 underlying) - 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) - 10,000
Stock Options (right to buy)
Exercise: $2.45From: 2012-08-22Exp: 2021-08-22→ Common Stock, par value $0.01 (10,000 underlying)
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.40 to $24.402, 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.
- [F2]10,000 restricted shares vested on 8/5/2015; therefore resulting from the vesting of 10,000 restricted shares, a total of 70,445 of the Reporting Person's shares are subject to vesting under the Issuer's 2012 Stock Incentive Plan.
- [F3]The options vest 20% per year.
- [F4]The options vest 33 1/3% per year.