Weigley Alycia 4
4 · UNITED INSURANCE HOLDINGS CORP. · Filed Jun 1, 2022
Insider Transaction Report
Form 4
Weigley Alycia
Chief Talent Officer
Transactions
- Award
Restricted Stock Units
2022-05-27+29,412→ 32,117 total→ Common Stock (29,412 underlying) - Award
Performance Stock Units
2022-05-27+39,216→ 44,627 total→ Common Stock (39,216 underlying) - Award
Nonqualified Stock Options
2022-05-27+58,316→ 58,316 totalExercise: $1.70Exp: 2032-05-27→ Common Stock (58,316 underlying)
Footnotes (5)
- [F1]Each stock unit represents a conditional right to receive one share of the company's common stock.
- [F2]The restricted stock units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period.
- [F3]The performance units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period.
- [F4]The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors. Depending on actual performance, the number of shares of common stock delivered upon the vesting date (based on the terms outlined in the respective award agreement) can range from 0% to 150% of the number presented above.
- [F5]Exercise of the nonqualified award is subject to vesting over three years with one third, rounded down to the nearest whole share of stock, becoming exercisable in each period.