Michael Pietrangelo - Jun 20, 2023 Form 4 Insider Report for UNIVERSAL INSURANCE HOLDINGS, INC. (UVE)

Role: Director
Signature: /s/ Michael Pietrangelo
Stock symbol: UVE
Transactions as of: Jun 20, 2023
Transactions value $: -$245,097
Form type: 4
Date filed: 6/22/2023, 05:01 PM
Previous filing: Sep 29, 2022
Next filing: May 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UVE	Common Stock	Award	$0	+4.01K	+3.87%	$0.00	107K	Jun 20, 2023	Direct	F1
transaction	UVE	Common Stock	Sale	-$245K	-15K	-13.96%	$16.34	92.4K	Jun 21, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares of restricted stock will vest on the earlier of (i) June 20, 2024 and (ii) the date of the issuer's 2024 annual meeting of stockholders, subject to the reporting person's continued service through that date.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $16.22 to $16.45, 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.

Content

These shares of restricted stock will vest on the earlier of (i) June 20, 2024 and (ii) the date of the issuer's 2024 annual meeting of stockholders, subject to the reporting person's continued service through that date.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $16.22 to $16.45, 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.