UNIVERSAL INSURANCE HOLDINGS, INC. 4
4 · UNIVERSAL INSURANCE HOLDINGS, INC. · Filed Jun 17, 2013
Insider Transaction Report
Form 4
MEIER NORMAN M
Director
Transactions
- Exercise/Conversion
Common Stock
2013-06-13$4.87/sh+45,000$219,150→ 300,648 total - Tax Payment
Common Stock
2013-06-13$7.18/sh−34,773$249,670→ 265,875 total - Sale
Common Stock
2013-06-13$7.01/sh−57,721$404,624→ 255,648 total - Exercise/Conversion
Common Stock
2013-06-13$4.70/sh+45,000$211,500→ 310,875 total - Tax Payment
Common Stock
2013-06-13$7.18/sh−33,669$241,743→ 277,206 total - Sale
Common Stock
2013-06-14$7.05/sh−49,700$350,385→ 227,506 total - Sale
Common Stock
2013-06-17$7.06/sh−74,831$528,307→ 152,675 total - Exercise/Conversion
Option to Purchase Common Stock
2013-06-13−45,000→ 0 totalExercise: $4.87From: 2011-05-19Exp: 2015-05-19→ Common Stock (45,000 underlying) - Exercise/Conversion
Option to Purchase Common Stock
2013-06-13−45,000→ 0 totalExercise: $4.70From: 2012-06-08Exp: 2016-06-23→ Common Stock (45,000 underlying)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $7.00 to $7.08, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (2) and (3) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.09, inclusive.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.14, inclusive.
- [F4]Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Meier, effective as of May 19, 2010. The option vested as follows: (a) 22,500 shares of common stock on May 19, 2010 and (b) 22,500 shares of common stock on May 19, 2011.
- [F5]Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Meier, effective as of June 23, 2011. The option vested in full on June 8, 2012.