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

Role
President - Narragansett Bay Insurance Company ("NBIC")
Signature
/s/ Timothy Moura
Issuer symbol
HRTG
Transactions as of
16 Oct 2021
Net transactions value
$0
Form type
4
Filing time
18 Oct 2021, 18:16:18 UTC
Next filing
29 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRTG Common Stock Award $0 +10,885 +18% $0.000000 70,018 16 Oct 2021 Direct F1
transaction HRTG Common Stock Award $0 +29,028 +41% $0.000000 99,046 16 Oct 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")