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

Role
Director
Signature
/s/ Michael Pietrangelo
Issuer symbol
UVE
Transactions as of
20 Jun 2023
Net transactions value
-$245,097
Form type
4
Filing time
22 Jun 2023, 17:01:57 UTC
Previous filing
29 Sep 2022
Next filing
13 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UVE Common Stock Award $0 +4,005 +3.9% $0.000000 107,425 20 Jun 2023 Direct F1
transaction UVE Common Stock Sale $245,097 -15,000 -14% $16.34 92,425 21 Jun 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.