SEC Form 4 · accession 0001140361-18-036622
FedNat Holding Co · FNHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jenifer G Kimbrough
Director
Period of report
Aug 16, 2018
Accepted (ET)
Aug 17, 2018 · 4:15 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 shareF1,F2 | Aug 16, 2018 | S | 2,915 | $26.23 | D | 22,475 | 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)F3 | $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
- F1The price reported in Column 4 is a weighted average price. These shares were sold in two transactions at $26.2269 (2,315 shares) and $26.2350 (600 shares).
- F21,912 restricted shares vested on 3/10/2018 and 1,097 restricted shares vested on 3/14/2018, therefore resulting in the vesting of 3,009 restricted shares. With 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 stock options are fully vested.