Christopher Griffith - 27 May 2022 Form 4 Insider Report for UNITED INSURANCE HOLDINGS CORP. (ACIC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Jun 2022, 16:12:23 UTC
Prior SEC filing
06 May 2022
Next SEC filing
19 Dec 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jessica Barclay, Attorney-in-Fact for Christopher Griffith

Key filing fact

Christopher Griffith filed Form 4 for UNITED INSURANCE HOLDINGS CORP. (ACIC) on 01 Jun 2022.

Key facts

  • This page summarizes Christopher Griffith's Form 4 filing for UNITED INSURANCE HOLDINGS CORP. (ACIC).
  • 3 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 01 Jun 2022, 16:12.

Change

  • Previous filing in this sequence was filed on 06 May 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

UIHC transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+48,529
Change %
+885%
Price
$0.000000
Shares after
54,011
Date
27 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
48,529
Exercise price
Footnotes
F1, F2
UIHC transaction Derivative

Performance Stock Units

Award

Transaction value
$0
Shares
+64,706
Change %
+590%
Price
$0.000000
Shares after
75,672
Date
27 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
64,706
Exercise price
Footnotes
F1, F3, F4
UIHC transaction Derivative

Nonqualified Stock Options

Award

Transaction value
$0
Shares
+96,221
Change %
Price
$0.000000
Shares after
96,221
Date
27 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
96,221
Exercise price
$1.70
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Each stock unit represents a conditional right to receive one share of the company's common stock.

Footnote F2

The restricted stock units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period.

Footnote F3

The performance units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period.

Footnote F4

The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors. Depending on actual performance, the number of shares of common stock delivered upon the vesting date (based on the terms outlined in the respective award agreement) can range from 0% to 150% of the number presented above.

Footnote F5

Exercise of the nonqualified award is subject to vesting over three years with one third, rounded down to the nearest whole share of stock, becoming exercisable in each period.

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