Scott St John - 05 May 2021 Form 4 Insider Report for UNITED INSURANCE HOLDINGS CORP. (ACIC)

Signature
/s/ Jessica Strathman, Attorney-in-Fact for Scott St John
Issuer symbol
ACIC
Transactions as of
05 May 2021
Net transactions value
-$3,203
Form type
4
Filing time
07 May 2021, 16:06:47 UTC
Previous filing
12 May 2021
Next filing
25 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UIHC Common Stock Options Exercise $0 +1,744 +9.1% $0.000000 20,848 05 May 2021 Direct
transaction UIHC Common Stock Tax liability $3,203 -520 -2.5% $6.16 20,328 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 -1,680 -8.9% $0.000000 17,289 05 May 2021 Common Stock 1,680 Direct F1, F2
transaction UIHC Dividend Equivalent Units Options Exercise $0 -64 -21% $0.000000 245 05 May 2021 Common Stock 64 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 5,040 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.