Timothy Moura - Oct 16, 2021 Form 4 Insider Report for Heritage Insurance Holdings, Inc. (HRTG)

Role
President - Narragansett Bay Insurance Company ("NBIC")
Signature
/s/ Timothy Moura
Stock symbol
HRTG
Transactions as of
Oct 16, 2021
Transactions value $
$0
Form type
4
Date filed
10/18/2021, 06:16 PM
Next filing
Dec 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRTG Common Stock Award $0 +10.9K +18.41% $0.00 70K Oct 16, 2021 Direct F1
transaction HRTG Common Stock Award $0 +29K +41.46% $0.00 99K Oct 16, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock granted to the Reporting Person. The restricted stock vests in three installments equal to 3,628 shares on December 31, 2021 and December 31, 2022 and 3,629 shares on December 31, 2023.
F2 Represents an award of performance based restricted stock granted to the Reporting Person. The restricted stock has a three-year performance period beginning on January 1, 2021 and ending on December 31, 2023 and will vest following the end of the performance period but no later than March 5, 2024. The number of shares that will be earned at the end of the performance period is subject to decrease based on the results of the performance condition.

Remarks:

President - Narragansett Bay Insurance Company ("NBIC")