FEDERATED NATIONAL HOLDING CO 4
4 · FEDERATED NATIONAL HOLDING CO · Filed Mar 16, 2017
Insider Transaction Report
Form 4
Braun Michael H
DirectorChief Executive Officer & Pres
Transactions
- Award
Common Stock, par value $0.01 per share
2017-03-14+68,530→ 527,020 total
Footnotes (2)
- [F1]Performance shares subject to performance-based vesting granted under the Issuer's 2012 Stock Incentive Plan (the "Plan"), which will vest up to 100% if certain performance goals are met over one- and three-year periods beginning March 14, 2017.
- [F2]Reflects (i) 298,439 fully vested shares or shares previously acquired by the Reporting Person; (ii) 68,530 performance shares granted under the Plan, which vest up to 100% if certain performance goals are met over one- and three-year periods beginning March 14, 2017; and (iii) 160,051 restricted shares granted under the Plan which vest on various dates ranging from March 5, 2017 to December 9, 2019 and at vesting percentages of 33 1/3% or 20%.