Brooke Adler - 27 May 2023 Form 4 Insider Report for UNITED INSURANCE HOLDINGS CORP. (ACIC)

Signature
/s/ Alexander Baty, Attorney-in-Fact for Brooke Adler
Issuer symbol
ACIC
Transactions as of
27 May 2023
Net transactions value
-$19,115
Form type
4
Filing time
30 May 2023, 16:46:41 UTC
Previous filing
24 Apr 2023
Next filing
25 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UIHC Common Stock Options Exercise $0 +12,255 +272% $0.000000 16,760 27 May 2023 Direct
transaction UIHC Common Stock Tax liability $19,115 -3,634 -22% $5.26 13,126 27 May 2023 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 -12,255 -33% $0.000000 24,510 27 May 2023 Common Stock 12,255 Direct F1, F2
* 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 27, 2022, the reporting person was granted 36,765 restricted stock units, vesting in three annual installments of approximately equal size beginning the first anniversary of the date of the grant.