Braun Michael H 4
4 · FEDERATED NATIONAL HOLDING Co · Filed Mar 20, 2018
Insider Transaction Report
Form 4
Braun Michael H
DirectorChief Executive Officer & Pres
Transactions
- Award
Common Stock, par value $0.01 per share
2018-03-16+76,734→ 588,525 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 16, 2018.
- [F2]Reflects (i) 351,701 fully vested shares or shares previously acquired by the Reporting Person; (ii) 76,734 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 16, 2018; (III) 53,301 performance shares granted under the Plan, which vest up to 100% if certain performance goals are met over one- and three-year periods which began March 14, 2017; and (iv) 106,789 restricted shares granted under the Plan which vest on various dates ranging from May 5, 2018 to March 10, 2021 and at vesting percentages of 33 1/3% or 20%.