X0306 4 2013-03-12 0 0000891166 UNIVERSAL INSURANCE HOLDINGS, INC. UVE 0001409331 SCHINDLER OZZIE A 1110 WEST COMMERCIAL BOULEVARD SUITE 100 FORT LAUDERDALE FL 33309 1 0 0 0 Option to Purchase Common Stock 4.51 2013-03-12 4 A 0 45000 0.00 A 2018-03-12 Common Stock 45000 45000 D Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Schindler, effective March 12, 2013. The option vests in full on the earlier of (i) March 12, 2014, and (ii) the second annual meeting of the Company's shareholders following March 12, 2014 at which the shareholders elect or reelect any directors to the Board. /s/ Ozzie A. Schindler 2013-03-13