SLOGOFF REED 4
4 · UNIVERSAL INSURANCE HOLDINGS, INC. · Filed May 10, 2013
Insider Transaction Report
Form 4
SLOGOFF REED
Director
Transactions
- Exercise/Conversion
Common Stock
2013-05-08$4.87/sh+45,000$219,150→ 152,170 total - Exercise/Conversion
Common Stock
2013-05-08$4.70/sh+45,000$211,500→ 162,280 total - Tax Payment
Common Stock
2013-05-08$7.07/sh−34,109$241,151→ 128,171 total - Exercise/Conversion
Option to Purchase Common Stock
2013-05-08−45,000→ 0 totalExercise: $4.70From: 2012-06-08Exp: 2016-06-23→ Common Stock (45,000 underlying) - Exercise/Conversion
Option to Purchase Common Stock
2013-05-08−45,000→ 0 totalExercise: $4.87From: 2011-05-19Exp: 2015-05-19→ Common Stock (45,000 underlying) - Tax Payment
Common Stock
2013-05-08$7.07/sh−34,890$246,672→ 117,280 total
Footnotes (2)
- [F1]Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Slogoff, effective as of May 19, 2010. The option vested as follows: (a) 22,500 shares of common stock on 5/19/2010 and (b) 22,500 shares of common stock on 5/19/2011.
- [F2]Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Slogoff, effective as of June 23, 2011. The option vested in full on the earlier of: (a) June 23, 2012, and (b) the first annual meeting of the Company's shareholders, following June 23, 2011, at which the shareholders elect or reelect any directors to the Board.