Kent G. Whittemore - 02 Jun 2023 Form 4 Insider Report for UNITED INSURANCE HOLDINGS CORP. (ACIC)

Role
Director
Signature
/s/ Alexander Baty, Attorney-in-Fact for Kent G. Whittemore
Issuer symbol
ACIC
Transactions as of
02 Jun 2023
Net transactions value
$0
Form type
4
Filing time
05 Jun 2023, 16:17:49 UTC
Previous filing
29 Dec 2022
Next filing
15 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UIHC Common Stock Award $0 +5,000 +1.4% $0.000000 359,267 02 Jun 2023 Direct F1, F2
holding UIHC Common Stock 19,618 02 Jun 2023 Beneficial Ownership, Held by Spouse's IRA
holding UIHC Common Stock 1,000 02 Jun 2023 Beneficial Ownership, Held by Dependent Grandchildren
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This restricted stock award was issued to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy as an annual director equity grants.
F2 Shares held jointly with reporting person's spouse.