X0306 4 2014-05-14 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 Stock Option (right to buy) 11.92 2014-05-14 4 A 0 20000 0.00 A 2015-05-14 2019-05-14 Common Stock 20000 20000 D The option vests in full on the earlier of (i) the first anniversary of the date of grant, and (ii) the second annual meeting of the Issuer's shareholders following the date of grant, at which the shareholders elect or reelect any directors to the Issuer's board. /s/ Ozzie A. Schindler 2014-05-15