SEC Form 4 · accession 0000905148-17-000897
UNIVERSAL INSURANCE HOLDINGS, INC. · UVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sean P Downes
Officer — CEO · Director
Period of report
Nov 17, 2017
Accepted (ET)
Nov 21, 2017 · 4:13 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 | Nov 17, 2017 | M | 200,000 | $8.01 | A | 1,523,697 | D | |
| Common Stock | Nov 17, 2017 | F | 119,736 | $25.95 | D | 1,403,961 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (rights to buy)F1 | $8.01 | Nov 17, 2017 | M | 200,000 | D | — | Nov 12, 2020 | Common Stock | 200,000 | 100,000 | D |
Explanation of responses
- F1The option vests in three equal annual installments beginning on 11/12/2016.