SEC Form 4 · accession 0001140361-15-011118

FedNat Holding Co · FNHC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Mar 6, 2015

Accepted (ET)

Mar 10, 2015 · 4:08 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001069996

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, par value $0.01 per share^F1	Mar 6, 2015	M	2,000	$3.30	A	19,142	D
Common Stock, par value $0.01 per share^F1	Mar 6, 2015	M	3,334	$2.45	A	22,476	D
Common Stock, par value $0.01 per share^F2,F1	Mar 6, 2015	S	5,334	$28.5499	D	17,142	D
Common Stock, par value $0.01 per share	holding	—	—		—	1,110	I	Held in Ms. Kimbrough's IRA

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options (right to buy)^F3	$3.30	Mar 6, 2015	M	2,000	A	Apr 1, 2010	Apr 1, 2015	Common Stock, par value $0.01 per share	2,000	0	D
Stock Options (right to buy)^F4	$2.45	Mar 6, 2015	M	3,334	A	Aug 22, 2012	Aug 22, 2021	Common Stock, par value $0.01 per share	3,334	0	D
Stock Options (right to buy)^F4	$4.40	holding	—	—	—	Apr 6, 2013	Apr 6, 2022	Common Stock, par value $0.01 per share	15,000	15,000	D

F12,381 restricted shares vested on 3/4/2015; therefore resulting from the vesting of 2,381 restricted shares, a total of 13,427 of the Reporting Person's shares are subject to vesting under the Issuer's 2012 Stock Incentive Plan.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.50 to $28.63, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3Options vest 20% per year.
F4Options vest 33 1/3% per year.