UNIVERSAL INSURANCE HOLDINGS, INC. 4
4 · UNIVERSAL INSURANCE HOLDINGS, INC. · Filed Mar 13, 2014
Insider Transaction Report
Form 4
SLOGOFF REED
Director
Transactions
- Exercise/Conversion
Common Stock
2014-03-12$4.51/sh+145,000$653,950→ 240,000 total - Tax Payment
Common Stock
2014-03-12$14.47/sh−45,194$653,957→ 194,806 total - Exercise/Conversion
Option to Purchase Common Stock
2014-03-12−145,000→ 0 totalExercise: $4.51From: 2014-03-12Exp: 2018-03-12→ Common Stock (145,000 underlying)
Footnotes (3)
- [F1]Code M represents an exercise or conversion of derivative security exempted pursuant to Rule 16b-3 of the Securities Exchange Act, as amended ("Rule 16b-3").
- [F2]Code F represents payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.
- [F3]Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Slogoff, effective as of March 12, 2013. The option vested in full on 3/12/2014.