SEC Form 4 · accession 0001140361-16-057631

FedNat Holding Co · FNHC

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

Reporting owner

Director

Period of report

Mar 10, 2016

Accepted (ET)

Mar 14, 2016 · 4:19 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,F2	Mar 10, 2016	A	3,653	—	A	22,879	D
Common Stock, par value $0.01 per share^F3,F2	Mar 11, 2016	S	5,075	$19.32	D	17,804	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)^F4	$4.40	holding	—	—	—	Apr 6, 2013	Apr 6, 2022	Common Stock, par value $0.01 per share	15,000	15,000	D

F1Restricted stock award pursuant to the Issuer's 2012 Stock Incentive Plan.
F22,380 shares vested on 3/4/2016 and 695 shares vested on 3/10/2016; therefore resulting from the veting of 3,075 restricted shares and the grant of 3,653 restricted stock on 3/10/2016, a total of 14,089 of the Reporting Person's shares are subject to vesting under the Issuer's 2012 Stock Incentive Plan.
F3The price reported in Column 4 is a weighted average price. These shares sold were sold in multiple transactions at prices ranging from $19.30 to $19.40, 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 with the range set forth above.
F4Options vest 33 1/3% per year.