Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | UVE | Common Stock | Options Exercise | +16K | +2.42% | 677K | Jan 3, 2023 | Direct | F1 | ||
transaction | UVE | Common Stock | Tax liability | -$64.6K | -6.31K | -0.93% | $10.23 | 671K | Jan 3, 2023 | Direct | F2 |
transaction | UVE | Common Stock | Tax liability | -$96.6K | -9.44K | -1.41% | $10.23 | 661K | Jan 3, 2023 | Direct | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | UVE | Performance Share Units | Options Exercise | -16K | -100% | 0 | Jan 3, 2023 | Common Stock | 16K | Direct | F1 |
Id | Content |
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F1 | These performance share units ("PSUs") were granted on March 1, 2021, and were conditional upon the Issuer meeting certain growth performance goals for the 2020 calendar year. On February 23, 2021, the Compensation Committee of the Issuer's Board of Directors confirmed that the Issuer met the performance goals for the 2020 calendar year. Each PSU represents the right to receive one share of Common Stock upon vesting. The PSUs are scheduled to vest as follows, subject to continued employment by the reporting person through the applicable vesting date: (a) 17,000 PSUs vested on March 1, 2021, (b) 17,000 PSUs vested on March 1, 2022, and (c) 16,000 PSUs vested on January 3, 2023 (the first business day after December 31, 2022). |
F2 | These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the settlement of vested PSUs into shares of Common Stock. |
F3 | These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the vesting of 25,000 RSUs on January 3, 2023. |