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
  1. Each stock unit represents a conditional right to receive one share of the company's common stock.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.