FEDERATED NATIONAL HOLDING CO 4
4 · FEDERATED NATIONAL HOLDING CO · Filed Mar 16, 2017
Insider Transaction Report
Form 4
DORF CARL
Director
Transactions
- Award
Common Stock, par value $0.01 per share
2017-03-14+3,289→ 30,316 total - Sale
Common Stock, par value $0.01 per share
2017-03-14$18.25/sh−2,959$54,005→ 27,357 total
Holdings
- 63,491(indirect: By Trust)
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) - 10,000
Stock Options (right to buy)
Exercise: $2.45From: 2012-08-22Exp: 2021-08-22→ Common Stock, par value $0.01 per share (10,000 underlying) - 59,624(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]1,047 restricted shares vested on 3/4/2017 and 1,912 restricted shares vested on 3/10/2017; therefore resulting from the vesting of 2,959 restricted shares and the grant of 3,289 restricted shares on 3/14/2017, a total of 12,419 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 $18.25 to 18.27, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holding of the Issuer, or the staff of the SEC, upon request, full information regarding the number of share sold at each separate price with the range set forth above.
- [F4]The stock options are fully vested.