FEDERATED NATIONAL HOLDING CO 4
4 · FEDERATED NATIONAL HOLDING CO · Filed Mar 14, 2016
Insider Transaction Report
Form 4
Kimbrough Jenifer G
Director
Transactions
- Award
Common Stock, par value $0.01 per share
2016-03-10+3,653→ 22,879 total - Sale
Common Stock, par value $0.01 per share
2016-03-11$19.32/sh−5,075$98,049→ 17,804 total
Holdings
- 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) - 1,110(indirect: By IRA)
Common Stock, par value $0.01 per share
Footnotes (4)
- [F1]Restricted stock award pursuant to the Issuer's 2012 Stock Incentive Plan.
- [F2]2,380 shares vested on 3/4/2016 and 695 shares vested on 3/10/2016; therefore resulting from the veting of 3,075 restricted shares and the grant of 3,653 restricted stock on 3/10/2016, a total of 14,089 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 sold were sold in multiple transactions at prices ranging from $19.30 to $19.40, 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]Options vest 33 1/3% per year.