FEDERATED NATIONAL HOLDING CO 4
4 · FEDERATED NATIONAL HOLDING CO · Filed Mar 14, 2016
Insider Transaction Report
Form 4
PRYGELSKI PETER J
DirectorCFO, Treasurer
Transactions
- Award
Common Stock, par value $0.01 per share
2016-03-10+12,721→ 112,413 total - Sale
Common Stock, par value $0.01 per share
2016-03-11$19.24/sh−4,463$85,868→ 107,950 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) - 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) - 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 (5)
- [F1]Restricted stock award pursuant to the Issuer's 2012 Stock Incentive Plan.
- [F2]10,447 restricted shares vested on 3/4/2016 and 3,184 restricted shares vested on 3/10/2016; therefore resulting from the vesting of 13,631 restricted shares and the grant of 12,721 restricted stock on 3/10/2016, a total of 66,535 of the Reporting Person's shares are subject to vesting under the Issuer's 2012 Stock Incentive Plan.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.20 to $19.31, 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 with the range set forth above.
- [F4]The options vest 20% per year.
- [F5]The options vest 33 1/3% per year.