Brad Martz - 03 Apr 2022 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
03 Apr 2022
Net transactions value
-$1,915
Form type
4
Filing time
06 Apr 2022, 16:39:59 UTC
Previous filing
18 Mar 2022
Next filing
25 Apr 2022
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 +2,027 +2.7% $0.000000 76,972 03 Apr 2022 Direct
transaction UIHC Common Stock Tax liability $1,915 -608 -0.79% $3.15 76,364 03 Apr 2022 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 -1,812 -7.2% $0.000000 23,360 03 Apr 2022 Common Stock 1,812 Direct F1, F2
transaction UIHC Dividend Equivalent Units Options Exercise $0 -215 -12% $0.000000 1,620 03 Apr 2022 Common Stock 215 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 April 3, 2019, the reporting person was granted 5,440 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.