SEC Form 4 · accession 0000905148-16-002116
UNIVERSAL INSURANCE HOLDINGS, INC. · UVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Stephen Donaghy
Officer — COO
Period of report
Dec 7, 2016
Accepted (ET)
Dec 9, 2016 · 12:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000891166
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 7, 2016 | M | 30,000 | $4.70 | A | 430,512 | D | |
| Common Stock | Dec 7, 2016 | F | 30,000 | $25.65 | D | 400,512 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF1,F2 | $4.70 | Dec 7, 2016 | M | 30,000 | A | — | Jun 23, 2018 | Common Stock | 30,000 | 0 | D |
Explanation of responses
- F1Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Donaghy, effective as of June 23, 2011.
- F2This option became exercisable as to (i) 10,000 Shares on the six (6) month anniversary of the Date of Grant, (ii) 10,000 Shares on the one (1) year anniversary of the Date of Grant, and (iii) 10,000 on the (2) year anniversary of the Date of Grant.