Filing Details
- Accession Number:
- 0001401521-19-000091
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-03-27 16:02:15
- Reporting Period:
- 2019-03-27
- Accepted Time:
- 2019-03-27 16:02:15
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1401521 | United Insurance Holdings Corp. | UIHC | Fire, Marine & Casualty Insurance (6331) | 753241967 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1582930 | Deepak Menon | C/O United Insurance Holdings Corp. 800 2Nd Avenue S. St. Petersburg FL 33701 | Chief Revenue Officer | No | Yes | No | No |
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 | Acquisiton | 2019-03-27 | 580 | $15.85 | 99,561 | 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 | Restricted Stock Units | $0.00 | 3,975 | 3,975 | Direct | ||
| Common Stock | Performance Stock Units | $0.00 | 7,950 | 7,950 | Direct | ||
| Common Stock | Nonqualified Stock Options | $20.44 | 2028-09-18 | 3,975 | 3,975 | Direct | |
| Common Stock | Nonqualified Stock Options | $21.13 | 2028-10-05 | 10,580 | 10,580 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 3,975 | 3,975 | Direct | |
| 7,950 | 7,950 | Direct | |
| 2028-09-18 | 3,975 | 3,975 | Direct |
| 2028-10-05 | 10,580 | 10,580 | Direct |
Footnotes
- Each stock unit represents a conditional right to receive one share of the company's common stock.
- The restricted stock units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, becoming vested on each of September 18, 2019 and September 18, 2020, as applicable. The remainder of the restricted stock units will become vested on September 18, 2021.
- The performance units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, becoming vested on each of April 1, 2019 and April 1, 2020, as applicable. The remainder of the performance units will become vested on April 1, 2021.
- The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors. Depending on actual performance, the number of shares of common stock delivered upon the vesting date (based on the terms outlined in the respective award agreement) can range from 0% to 150% of the number presented above.
- Exercise of the nonqualified award is subject to vesting over three years with one third, rounded down to the nearest whole share of stock, becoming exercisable on each of September 18, 2019 and September 18, 2020, as applicable. The remainder of the nonqualified award will become exercisable on September 18, 2021.
- Exercise of the nonqualified award is subject to vesting over three years with one third, rounded won to the nearest whole share of stock, becoming exercisable on each of October 5, 2019 and October 5, 2020, as applicable. The remainder of the nonqualified award will become exercisable on October 5, 2021.
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