SEC Form 4/A · accession 0001140361-16-056943
UNIVERSAL INSURANCE HOLDINGS, INC. · UVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Jon Springer
Officer — EVP and COO · Director
Period of report
Feb 29, 2016
Accepted (ET)
Mar 8, 2016 · 12:09 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,F3 | $19.52 | Feb 29, 2016 | A | 247,525 | A | — | Feb 28, 2026 | Common Stock | 247,525 | 247,525 | 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 amendment to Form 4 is being filed to correct the number of options granted, which were inadvertently underreported due to an administrative error in the Black-Scholes calculation.
- F3This option is scheduled to vest as follows: (a) 82,508 shares vest on January 15, 2017, (b) 82,508 shares vest on January 15, 2018 and (c) 82,509 shares vest on January 15, 2019.