SEC Form 4 · accession 0001140361-16-056097
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
Jon Springer
Officer — EVP and COO · Director
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 5:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000891166
Table I — non-derivative securities
No Table I lines on this filing.
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 | $19.52 | Feb 29, 2016 | A | 230,876 | A | — | Feb 28, 2026 | Common Stock | 230,876 | 230,876 | D |
| Option to Purchase Common StockF3,F4 | $19.52 | Feb 29, 2016 | A | 67,000 | A | — | Feb 28, 2026 | Common Stock | 67,000 | 67,000 | D |
Explanation of responses
- F1Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Springer, effective as of February 29, 2016.
- F2This option is scheduled to vest as follows: (a) 76,958 shares vest on January 15, 2017, (b) 76,959 shares vest on January 15, 2018 and (c) 76,959 shares vest on January 15, 2019.
- F3Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Springer, effective as of February 29, 2016.
- F4This option is scheduled to vest as follows: (a) 22,333 shares vest on February 28, 2017, (b) 22,333 shares vest on February 28, 2018 and (c) 22,334 shares vest on February 28, 2019.