0000905148-20-000087.txt : 20200115 0000905148-20-000087.hdr.sgml : 20200115 20200115200110 ACCESSION NUMBER: 0000905148-20-000087 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200113 FILED AS OF DATE: 20200115 DATE AS OF CHANGE: 20200115 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DOWNES SEAN P CENTRAL INDEX KEY: 0001287040 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33251 FILM NUMBER: 20529267 MAIL ADDRESS: STREET 1: 2875 N.E. 191ST STREET 2: SUITE 300 CITY: MIAMI STATE: FL ZIP: 33180 FORMER NAME: FORMER CONFORMED NAME: DOWNES SEAN DATE OF NAME CHANGE: 20040414 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: UNIVERSAL INSURANCE HOLDINGS, INC. CENTRAL INDEX KEY: 0000891166 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 650231984 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1110 W. COMMERCIAL BLVD. STREET 2: SUITE 100 CITY: FORT LAUDERDALE STATE: FL ZIP: 33309 BUSINESS PHONE: 954-958-1200 MAIL ADDRESS: STREET 1: 1110 W. COMMERCIAL BLVD. STREET 2: SUITE 100 CITY: FORT LAUDERDALE STATE: FL ZIP: 33309 FORMER COMPANY: FORMER CONFORMED NAME: UNIVERSAL INSURANCE HOLDINGS INC DATE OF NAME CHANGE: 20010330 FORMER COMPANY: FORMER CONFORMED NAME: UNIVERSAL HEIGHTS INC DATE OF NAME CHANGE: 19950817 4 1 form4.xml X0306 4 2020-01-13 0000891166 UNIVERSAL INSURANCE HOLDINGS, INC. UVE 0001287040 DOWNES SEAN P 1110 WEST COMMERCIAL BOULEVARD SUITE 100 FORT LAUDERDALE FL 33309 true Performance Share Units 2020-01-13 4 A 0 50000 0 A Common Stock 50000 50000 D These performance share units ("PSUs") were granted on March 8, 2019 but were conditioned upon the Issuer meeting certain growth performance goals for the 2019 calendar year. On January 13, 2020, the Chief Financial Officer certified that the Issuer met the performance goals for the 2019 calendar year, which the Compensation Committee of the Issuer's Board of Directors had confirmed. Each PSU represents the right to receive one share of Common Stock upon vesting. The PSUs are scheduled to vest as follows, subject to continued employment by the reporting person through the applicable vesting date: (a) 17,000 PSUs vest on March 1, 2020, (b) 17,000 PSUs vest on March 1, 2021, and (c) 16,000 PSUs vest on March 1, 2022. /s/ Sean P. Downes 2020-01-15