Brad Martz - 05 May 2021 Form 4 Insider Report for UNITED INSURANCE HOLDINGS CORP. (ACIC)

Role
President & CFO
Signature
/s/ Jessica Strathman, Attorney-in-Fact for Brad Martz
Issuer symbol
ACIC
Transactions as of
05 May 2021
Net transactions value
$0
Form type
4
Filing time
07 May 2021, 16:06:08 UTC
Previous filing
12 May 2021
Next filing
25 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UIHC Common Stock Options Exercise $0 +3,487 +5.6% $0.000000 65,547 05 May 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UIHC Restricted Stock Units Options Exercise $0 -3,360 -8.9% $0.000000 34,579 05 May 2021 Common Stock 3,360 Direct F1, F2
transaction UIHC Dividend Equivalent Units Options Exercise $0 -127 -20% $0.000000 503 05 May 2021 Common Stock 127 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each stock unit represents a conditional right to receive one share of the company's common stock.
F2 On May 5, 2020, the reporting person was granted 10,080 restricted stock units, vesting in three annual installments of approximately equal size beginning the first anniversary of the date of the grant.
F3 The dividend equivalent units will vest proportionately with the underlying restricted stock units to which they relate.