MEIER BRADLEY I 4
4 · UNIVERSAL INSURANCE HOLDINGS, INC. · Filed Apr 9, 2013
Insider Transaction Report
Form 4
MEIER BRADLEY I
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Common Stock
2013-04-05$2.31/sh+500,000$1,155,000→ 9,838,971 total - Tax Payment
Common Stock
2013-04-05$5.26/sh−337,217$1,773,761→ 9,501,754 total - Exercise/Conversion
Option to Purchase Common Stock
2013-04-05−500,000→ 0 totalExercise: $2.31From: 2010-12-05Exp: 2013-12-05→ Common Stock (500,000 underlying)
Footnotes (1)
- [F1]Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Meier, effective as of December 5, 2008. The option vested as follows: (a) 100,000 shares of common stock on 12/5/2008, (b) 100,000 shares of common stock on 6/5/2009, (c) 100,000 shares of common stock on 12/5/2009, (d) 100,000 shares of common stock on 6/5/2010, (e) 100,000 shares of common stock on 12/5/2010.