SEC Form 4 · accession 0001140361-18-014398
FedNat Holding Co · FNHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jenifer G Kimbrough
Director
Period of report
Mar 16, 2018
Accepted (ET)
Mar 21, 2018 · 8:07 am 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 shareF1,F2 | Mar 16, 2018 | A | 4,297 | — | A | 25,390 | D | |
| Common Stock, par value $0.01 per shareF3,F2 | Mar 16, 2018 | S | 1,441 | $16.7571 | D | 23,949 | D | |
| Common Stock, par value $0.01 per shareF4,F2 | Mar 16, 2018 | S | 2,800 | $16.8116 | D | 21,149 | D | |
| Common Stock, par value $0.01 per share | holding | — | — | — | 1,110 | I | Held in Ms. Kimbrough's IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F5 | $4.40 | holding | — | — | — | Apr 6, 2013 | Apr 6, 2022 | Common Stock, par value $0.01 per share | 15,000 | 15,000 | D |
Explanation of responses
- F1Restricted stock award pursuant to the Issuer's 2012 Stock Incentive Plan.
- F21,912 restricted shares vested on 3/10/2018 and 1,097 restricted shares vested on 3/14/2018; therefore resulting from the vesting of 3,009 restricted shares and the grant of 4,297 restricted shares on 3/16/2018, a total of 11,707 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 in multiple transactions at prices ranging from $16.50 to $17.09, 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.
- F4The price reported in Column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $16.731 to $16.8737, 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.
- F5The stock options are fully vested.