Brad Martz - 05 May 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
05 May 2022
Net transactions value
$0
Form type
4
Filing time
06 May 2022, 16:51:16 UTC
Previous filing
25 Apr 2022
Next filing
01 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UIHC Common Stock Options Exercise $0 +3,689 +4.5% $0.000000 85,923 05 May 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 -3,360 -19% $0.000000 14,453 05 May 2022 Common Stock 3,360 Direct F1, F2
transaction UIHC Dividend Equivalent Units Options Exercise $0 -329 -25% $0.000000 968 05 May 2022 Common Stock 329 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.