X0306 4 2019-01-22 0000891166 UNIVERSAL INSURANCE HOLDINGS, INC. UVE 0001287040 DOWNES SEAN P 1110 WEST COMMERCIAL BOULEVARD SUITE 100 FORT LAUDERDALE FL 33309 true true CEO Common Stock 2019-01-22 4 M 0 18382 A 1504032 D Common Stock 2019-01-22 4 F 0 7785 36.99 D 1496247 D Performance Share Units 2019-01-22 4 M 0 18382 D Common Stock 18382 18383 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 are scheduled to as follows, subject to continued employment by the reporting person through the applicable vesting date: (a) two-thirds vest on January 20, 2018, (b) one-sixth vest on January 20, 2019, and (c) one-sixth vest on January 20, 2020. On January 22, 2019, the one-sixth of the PSUs that were scheduled to vest on January 20, 2019 were settled in shares of Common Stock using the January 22, 2019 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 22, 2019. /s/ Sean Downes 2019-01-24