SEC Form 4 · accession 0001140361-15-011935
UNIVERSAL INSURANCE HOLDINGS, INC. · UVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Pietrangelo
Director
Period of report
Mar 12, 2015
Accepted (ET)
Mar 16, 2015 · 3:42 pm EDT
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 | Mar 12, 2015 | M | 45,000 | $4.87 | A | 110,000 | D | |
| Common Stock | Mar 12, 2015 | F | 8,752 | $25.04 | D | 101,248 | 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 | $4.87 | Mar 12, 2015 | M | 45,000 | D | — | May 19, 2015 | Common Stock | 45,000 | 0 | D |
Explanation of responses
- F1Option was granted in connection with a Non-Qualified Stock Option Agreement for Non-Employee Directors by and between the Company and Mr. Pietrangelo, effective as of May 19, 2010.
- F2The option vested as follows: (a) 22,500 shares vested immediately on the grant date, May 19, 2010; (b) 22,500 shares vested on May 19, 2011.