0000905148-20-000117.txt : 20200123
0000905148-20-000117.hdr.sgml : 20200123
20200123200013
ACCESSION NUMBER: 0000905148-20-000117
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200121
FILED AS OF DATE: 20200123
DATE AS OF CHANGE: 20200123
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Springer Jon
CENTRAL INDEX KEY: 0001492994
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33251
FILM NUMBER: 20543472
MAIL ADDRESS:
STREET 1: UNIVERSAL INSURANCE HOLDINGS INC.
STREET 2: 1110 WEST COMMERCIAL BOULEVARD
CITY: FORT LAUDERDALE
STATE: FL
ZIP: 33309
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
2020-01-21
0000891166
UNIVERSAL INSURANCE HOLDINGS, INC.
UVE
0001492994
Springer Jon
1110 WEST COMMERCIAL BOULEVARD
SUITE 100
FORT LAUDERDALE
FL
33309
true
true
President and CRO
Common Stock
2020-01-21
4
M
0
6128
A
485139
D
Common Stock
2020-01-21
4
F
0
1875
26.26
D
483264
D
Performance Share Units
2020-01-21
4
M
0
6128
D
Common Stock
6128
0
D
These performance share units ("PSUs") were granted on January 20, 2017, but were conditional upon the Issuer meeting certain growth performance goals for the 2017 calendar year. On January 17, 2018, the Compensation Committee of the Issuer's Board of Directors confirmed that the Issuer met the performance goals for the 2017 calendar year. Each PSU represents the right to receive one share of Common Stock upon vesting. The PSUs were scheduled to vest as follows, subject to continued employment by the reporting person through the applicable vesting date: (a) two-thirds on January 20, 2018, (b) one-sixth on January 20, 2019, and (c) one-sixth on January 20, 2020.
These PSUs were scheduled to vest on January 20, 2020, but since that date fell on a holiday, they vested the next business day, or January 21, 2020. These PSUs were settled in shares of Common Stock using the January 21, 2020 closing price of the Common Stock.
These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the settlement of vested PSUs into shares of Common Stock on January 21, 2020.
/s/ Jon Springer
2020-01-23