SLOGOFF REED 4
4 · UNIVERSAL INSURANCE HOLDINGS, INC. · Filed Jun 27, 2011
Insider Transaction Report
Form 4
SLOGOFF REED
Director
Transactions
- Award
Options to Purchase Common Stock
2011-06-23+45,000→ 175,000 totalExercise: $4.70Exp: 2016-06-23→ Common Stock (45,000 underlying)
Footnotes (3)
- [F1]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 June 23, 2011.
- [F2]This option will vest in full on the earlier of (i) June 23, 2012, and (ii) 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.
- [F3]Includes options to purchase an aggregate of 50,000 shares of Common Stock, which are held in a custodial account for Mr. Slogoff's minor son.