Gary Ropiecki - Dec 16, 2022 Form 4 Insider Report for UNIVERSAL INSURANCE HOLDINGS, INC. (UVE)

Role: Principal Accounting Officer
Signature: /s/ Gary Ropiecki
Stock symbol: UVE
Transactions as of: Dec 16, 2022
Transactions value $: -$25,930
Form type: 4
Date filed: 3/21/2023, 09:55 PM
Previous filing: Mar 21, 2023
Next filing: Dec 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UVE	Common Stock	Award	$0	+5K	+100%	$0.00	10K	Dec 16, 2022	Direct	F1
transaction	UVE	Common Stock	Tax liability	-$5.16K	-516	-5.16%	$10.00	9.48K	Dec 20, 2022	Direct	F2
transaction	UVE	Common Stock	Sale	-$20.8K	-1.15K	-12.14%	$18.05	8.33K	Feb 27, 2023	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each RSU represents the right to receive one share of the Issuer's Common Stock, subject to vesting. These RSUs are scheduled to vest as follows, subject to continued employment by the reporting person through the applicable vesting date: (a) 1,667 restricted shares vest on December 16, 2023; (b) 1,667 restricted shares vest on December 16, 2024; and (c) 1,666 restricted shares vest on December 16, 2025.
F2	These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the vesting of 1,667 RSUs on December 17, 2022.

Content

Each RSU represents the right to receive one share of the Issuer's Common Stock, subject to vesting. These RSUs are scheduled to vest as follows, subject to continued employment by the reporting person through the applicable vesting date: (a) 1,667 restricted shares vest on December 16, 2023; (b) 1,667 restricted shares vest on December 16, 2024; and (c) 1,666 restricted shares vest on December 16, 2025.

These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the vesting of 1,667 RSUs on December 17, 2022.