Brad Martz - 23 Apr 2022 Form 4 Insider Report for UNITED INSURANCE HOLDINGS CORP. (ACIC)

Signature
/s/ Jessica Barclay, Attorney-in-Fact for Brad Martz
Issuer symbol
ACIC
Transactions as of
23 Apr 2022
Net transactions value
$0
Form type
4
Filing time
25 Apr 2022, 17:15:32 UTC
Previous filing
06 Apr 2022
Next filing
06 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UIHC Common Stock Options Exercise $0 +5,870 +7.7% $0.000000 82,234 23 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 -5,547 -24% $0.000000 17,813 23 Apr 2022 Common Stock 5,547 Direct F1, F2
transaction UIHC Dividend Equivalent Units Options Exercise $0 -323 -20% $0.000000 1,297 23 Apr 2022 Common Stock 323 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 23, 2021, the reporting person was granted 16,640 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.