0000905148-20-000118.txt : 20200123 0000905148-20-000118.hdr.sgml : 20200123 20200123200102 ACCESSION NUMBER: 0000905148-20-000118 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: DOWNES SEAN P CENTRAL INDEX KEY: 0001287040 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33251 FILM NUMBER: 20543473 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 2020-01-21 0000891166 UNIVERSAL INSURANCE HOLDINGS, INC. UVE 0001287040 DOWNES SEAN P 1110 WEST COMMERCIAL BOULEVARD SUITE 100 FORT LAUDERDALE FL 33309 true Common Stock 2020-01-21 4 M 0 18383 A 1502546 D Common Stock 2020-01-21 4 F 0 4644 26.26 D 1497902 D Performance Share Units 2020-01-21 4 M 0 18383 D Common Stock 18383 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/ Sean P. Downes 2020-01-23