4//SEC Filing
SLOGOFF REED 4
Accession 0001181431-13-017031
CIK 0000891166other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 6:24 PM ET
Size
7.4 KB
Accession
0001181431-13-017031
Insider Transaction Report
Form 4
SLOGOFF REED
Director
Transactions
- Exercise/Conversion
Option to Purchase Common Stock
2013-03-13−50,000→ 0 totalExercise: $3.90From: 2009-05-16Exp: 2013-05-16→ Common Stock (50,000 underlying) - Exercise/Conversion
Common Stock
2013-03-13$3.90/sh+4,674$18,229→ 107,170 total
Footnotes (2)
- [F1]Amount reflects the aggregate number of shares of Common Stock received after exercise of an option to purchase 50,000 shares of Common Stock. The exercise was a "cashless exercise" that covered the cost required for the exercise of the option and the tax withholdings associated with such exercise. The difference between the aggregate number of 50,000 shares underlying the option and the 4,674 shares ultimately acquired by the reporting person represents 45,326 shares withheld by the issuer at a market price of $4.48 per share to cover such costs.
- [F2]Option was granted in connection with a Non-Qualified Stock Option Agreement for Non-Employee Directors by and between the Company and Mr. Slogoff, effective as of May 16, 2008.
Documents
Issuer
UNIVERSAL INSURANCE HOLDINGS, INC.
CIK 0000891166
Entity typeother
Related Parties
1- filerCIK 0001271508
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 6:24 PM ET
- Size
- 7.4 KB