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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1069996	Federated National Holding Co	FNHC	Fire, Marine & Casualty Insurance (6331)	650248866

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1188652	Bruce Simberg	14050 N.w. 14 Street Suite 180 Sunrise FL 33323		Yes	No	No	Yes

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.01 Per Share	Acquisiton	2014-12-01	5,000	$24.15	483,365	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock, Par Value $0.01 Per Share	Stock Options (right to buy)	$4.40	2013-04-06	2022-04-06	5,000	5,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2022-04-06	5,000	5,000	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.03 to $24.20, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price with the range set forth above.
A total of 25,808 of the reporting person's shares are restricted shares which are subject to vesting under the Issuer's 2012 Stock Incentive Plan.
The options vest 33 1/3% per year.