0000891166-23-000002.txt : 20230105
0000891166-23-000002.hdr.sgml : 20230105
20230105192454
ACCESSION NUMBER: 0000891166-23-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230103
FILED AS OF DATE: 20230105
DATE AS OF CHANGE: 20230105
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Donaghy Stephen
CENTRAL INDEX KEY: 0001492959
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33251
FILM NUMBER: 23513111
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
wf-form4_167296466742383.xml
FORM 4
X0306
4
2023-01-03
0
0000891166
UNIVERSAL INSURANCE HOLDINGS, INC.
UVE
0001492959
Donaghy Stephen
1110 WEST COMMERCIAL BOULEVARD
SUITE 100
FORT LAUDERDALE
FL
33309
1
1
0
0
CEO
Common Stock
2023-01-03
4
M
0
16000
A
676887
D
Common Stock
2023-01-03
4
F
0
6314
10.23
D
670573
D
Common Stock
2023-01-03
4
F
0
9441
10.23
D
661132
D
Performance Share Units
2023-01-03
4
M
0
16000
D
Common Stock
16000.0
0
D
These performance share units ("PSUs") were granted on March 1, 2021, and were conditional upon the Issuer meeting certain growth performance goals for the 2020 calendar year. On February 23, 2021, the Compensation Committee of the Issuer's Board of Directors confirmed that the Issuer met the performance goals for the 2020 calendar year. 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 vested on March 1, 2021, (b) 17,000 PSUs vested on March 1, 2022, and (c) 16,000 PSUs vested on January 3, 2023 (the first business day after December 31, 2022).
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.
These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the vesting of 25,000 RSUs on January 3, 2023.
/s/ Stephen Donaghy
2023-01-05