SEC Form 4 · accession 0001140361-18-041431
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
Oct 24, 2018
Accepted (ET)
Oct 26, 2018 · 8:01 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 StockF1,F2 | Oct 24, 2018 | S | 7,742 | $44.9238 | D | 1,351,399 | D | |
| Common StockF1,F3 | Oct 24, 2018 | S | 9,665 | $46.0811 | D | 1,341,734 | D | |
| Common StockF1,F4 | Oct 24, 2018 | S | 2,593 | $46.6713 | D | 1,339,141 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on May 18, 2018.
- F2The prices reported in Column 4 are weighted average prices. The shares were sold in multiple transactions at prices ranging from $44.48 to $45.44, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2) through (4) herein.
- F3The prices reported in Column 4 are weighted average prices. The shares were sold in multiple transactions at prices ranging from $45.48 to $46.46, inclusive.
- F4The prices reported in Column 4 are weighted average prices. The shares were sold in multiple transactions at prices ranging from $46.48 to $47.10, inclusive.