Last 12 months
Inside the activity.
0 purchase rows · 21 sale rows
Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.Monthly counts
| Month | Purchases | Sales |
|---|---|---|
| Nov 2025 | 0 | 2 |
| Dec 2025 | 0 | 4 |
| Jan 2026 | 0 | 0 |
| Feb 2026 | 0 | 0 |
| Mar 2026 | 0 | 5 |
| Apr 2026 | 0 | 3 |
| May 2026 | 0 | 4 |
| Jun 2026 | 0 | 1 |
| Jul 2026 | 0 | 0 |
| Aug 2026 | 0 | 1 |
| Sep 2026 | 0 | 1 |
| Oct 2026 | 0 | 0 |
Latest available
Insider transactions
Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”
The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.
| Transaction date | Owner / reported role | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| November 19, 2019 Filed Nov 20, 2019 14:00 UTC |
DOWNES SEAN PDirector
|
PurchaseCommon Stock | 2,100 | $29.32 | $61,571.79 |
DisclosureSEC source: 0000905148-19-001005 · form4.xml · nonDerivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,458,200 F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $29.26 to $29.8808, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1). Read SEC document |
| November 19, 2019 Filed Feb 15, 2020 01:01 UTC |
SCHINDLER OZZIE ADirector
|
GiftCommon Stock | 2,000 | $0.00 | $0.00 |
DisclosureSEC source: 0000905148-20-000380 · form5.xml · nonDerivative · entry 1 SCHINDLER OZZIE A · CIK 0001409331 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 31,519 Read SEC document |
| November 08, 2019 Filed Nov 12, 2019 14:00 UTC |
PIETRANGELO MICHAELDirector
|
PurchaseCommon Stock | 2,500 | $29.74 | $74,344.50 |
DisclosureSEC source: 0000905148-19-000970 · form4.xml · nonDerivative · entry 1 PIETRANGELO MICHAEL · CIK 0001258089 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 90,583 F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transaction at prices ranging from $29.66 to $29.81, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1). Read SEC document |
| November 06, 2019 Filed Nov 7, 2019 19:39 UTC |
DOWNES SEAN PDirector
|
PurchaseCommon Stock | 1,700 | $28.89 | $49,117.93 |
DisclosureSEC source: 0000905148-19-000964 · form4.xml · nonDerivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,456,100 F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transaction at prices ranging from $28.75 to $29.00, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1). Read SEC document |
| November 05, 2019 Filed Nov 6, 2019 14:00 UTC |
DOWNES SEAN PDirector
|
PurchaseCommon Stock | 3,600 | $27.56 | $99,219.96 |
DisclosureSEC source: 0000905148-19-000962 · form4.xml · nonDerivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,454,400 F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transaction at prices ranging from $27.51 to $27.61, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1). Read SEC document |
| November 04, 2019 Filed Nov 5, 2019 14:01 UTC |
DOWNES SEAN PDirector
|
PurchaseCommon Stock | 6,467 | $27.06 | $174,980.85 |
DisclosureSEC source: 0000905148-19-000960 · form4.xml · nonDerivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,450,800 F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transaction at prices ranging from $27.035 to $27.0586, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1). Read SEC document |
| November 04, 2019 Filed Nov 5, 2019 14:00 UTC | PurchaseCommon Stock | 5,000 | $27.41 | $137,063.00 |
DisclosureSEC source: 0000905148-19-000959 · form4.xml · nonDerivative · entry 1 Donaghy Stephen · CIK 0001492959 · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 557,146 F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transaction at prices ranging from $27.35 to $27.46, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1). Read SEC document |
|
| November 01, 2019 Filed Nov 4, 2019 14:00 UTC |
DOWNES SEAN PDirector
|
PurchaseCommon Stock | 5,500 | $27.59 | $151,746.65 |
DisclosureSEC source: 0000905148-19-000952 · form4.xml · nonDerivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,444,333 F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transaction at prices ranging from $27.27 to $27.85, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1). Read SEC document |
| September 03, 2019 Filed Sep 5, 2019 20:20 UTC | Tax withholdingCommon Stock | 9,837 | $26.29 | $258,614.73 |
DisclosureSEC source: 0000905148-19-000842 · form4.xml · nonDerivative · entry 1 Donaghy Stephen · CIK 0001492959 · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 552,146 F1 · date: These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the vesting of 25,000 restricted stock units ("RSUs"). Such RSUs were scheduled to vest on September 1, 2019 but, since that date fell on a holiday weekend, they vested on the next business day, or September 3, 2019. F1 · shares: These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the vesting of 25,000 restricted stock units ("RSUs"). Such RSUs were scheduled to vest on September 1, 2019 but, since that date fell on a holiday weekend, they vested on the next business day, or September 3, 2019. Read SEC document |
|
| August 09, 2019 Filed Aug 9, 2019 17:34 UTC |
DOWNES SEAN PDirector
|
PurchaseCommon Stock | 7,000 | $28.68 | $200,787.30 |
DisclosureSEC source: 0000905148-19-000778 · form4.xml · nonDerivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,438,833 F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transaction at prices ranging from $28.55 to $28.78, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1). Read SEC document |
| August 05, 2019 Filed Aug 5, 2019 17:45 UTC |
DOWNES SEAN PDirector
|
PurchaseCommon Stock | 1,100 | $26.66 | $29,330.73 |
DisclosureSEC source: 0000905148-19-000762 · form4.xml · nonDerivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,431,833 Read SEC document |
| August 05, 2019 Filed Aug 6, 2019 20:00 UTC | PurchaseCommon Stock | 10,000 | $26.61 | $266,117.00 |
DisclosureSEC source: 0000905148-19-000765 · form4.xml · nonDerivative · entry 1 Donaghy Stephen · CIK 0001492959 · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 511,983 F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transaction at prices ranging from $26.53 to $26.64, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1). Read SEC document |
|
| August 05, 2019 Filed Aug 7, 2019 20:57 UTC | GrantCommon Stock | 50,000 | $0.00 | $0.00 |
DisclosureSEC source: 0000905148-19-000771 · form4.xml · nonDerivative · entry 1 Donaghy Stephen · CIK 0001492959 · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 561,983 F1 · security: These restricted stock units ("RSUs") were granted in connection with Mr. Donaghy's appointment to serve as Chief Executive Officer, effective on July 15, 2019. F2 · shares: 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) 25,000 RSUs vest on September 1, 2019, and (b) 25,000 RSUs vest on September 1, 2020. Read SEC document |
|
| June 14, 2019 Filed Jun 14, 2019 20:17 UTC |
DOWNES SEAN PDirector · CEO
|
PurchaseCommon Stock | 3,000 | $28.91 | $86,739.00 |
DisclosureSEC source: 0000905148-19-000645 · form4.xml · nonDerivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,430,733 F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transaction at prices ranging from $28.905 to $28.92, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1). Read SEC document |
| June 11, 2019 Filed Jun 11, 2019 21:38 UTC |
DOWNES SEAN PDirector · CEO
|
PurchaseCommon Stock | 2,500 | $28.89 | $72,214.75 |
DisclosureSEC source: 0001140361-19-010840 · form4.xml · nonDerivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,427,733 F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transaction at prices ranging from $28.79 to $28.9299, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1). Read SEC document |
| June 03, 2019 Filed Jun 6, 2019 00:01 UTC |
Springer JonDirector · President and CRO
|
Tax withholdingCommon Stock | 11,401 | $28.59 | $325,954.59 |
DisclosureSEC source: 0000905148-19-000624 · form4.xml · nonDerivative · entry 1 Springer Jon · CIK 0001492994 · Director · President and CRO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 474,635 F1 · date: These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the vesting of 25,000 shares of restricted stock that were granted in connection with an Employee Agreement between the Company and Mr. Springer, dated December 17, 2018. Such shares of restricted stock were scheduled to vest on June 1, 2019 but, since that date fell on a weekend, they vested on the next business day, or June 3, 2019. F1 · shares: These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the vesting of 25,000 shares of restricted stock that were granted in connection with an Employee Agreement between the Company and Mr. Springer, dated December 17, 2018. Such shares of restricted stock were scheduled to vest on June 1, 2019 but, since that date fell on a weekend, they vested on the next business day, or June 3, 2019. Read SEC document |
| June 03, 2019 Filed Jun 6, 2019 00:00 UTC |
DOWNES SEAN PDirector · CEO
|
Tax withholdingCommon Stock | 2,647 | $28.59 | $75,677.73 |
DisclosureSEC source: 0000905148-19-000623 · form4.xml · nonDerivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,425,233 F1 · date: These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the vesting of 6,250 restricted stock units ("RSUs") that were granted in connection with an Employment Agreement between the Company and Mr. Downes dated February 27, 2019. Such RSUs were scheduled to vest on June 1, 2019 but, since that date fell on a weekend, they vested on the next business day, or June 3, 2019. F1 · shares: These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the vesting of 6,250 restricted stock units ("RSUs") that were granted in connection with an Employment Agreement between the Company and Mr. Downes dated February 27, 2019. Such RSUs were scheduled to vest on June 1, 2019 but, since that date fell on a weekend, they vested on the next business day, or June 3, 2019. Read SEC document |
| May 28, 2019 Filed May 28, 2019 21:31 UTC |
DOWNES SEAN PDirector · CEO
|
PurchaseCommon Stock | 10,000 | $28.50 | $285,034.00 |
DisclosureSEC source: 0000905148-19-000609 · form4.xml · nonDerivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,427,880 F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transaction at prices ranging from $28.33 to $28.675, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1). Read SEC document |
| May 07, 2019 Filed May 9, 2019 21:00 UTC |
SCHINDLER OZZIE ADirector
|
Exercise / conversionStock Option (Right to Buy) · Derivative | 20,000 | $0.00 Strike: $11.92 | $0.00 |
DisclosureSEC source: 0000905148-19-000577 · form4.xml · derivative · entry 3 SCHINDLER OZZIE A · CIK 0001409331 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 20,000 shares Expires 2019-05-14 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · security: Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Schindler, effective as of May 14, 2014. Read SEC document |
| May 07, 2019 Filed May 9, 2019 21:00 UTC |
SCHINDLER OZZIE ADirector
|
Tax withholdingCommon Stock | 7,905 | $30.16 | $238,414.80 |
DisclosureSEC source: 0000905148-19-000577 · form4.xml · nonDerivative · entry 2 SCHINDLER OZZIE A · CIK 0001409331 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 33,519 Read SEC document |
| May 07, 2019 Filed May 9, 2019 21:00 UTC |
SCHINDLER OZZIE ADirector
|
Exercise / conversionCommon Stock | 20,000 | $11.92 | $238,400.00 |
DisclosureSEC source: 0000905148-19-000577 · form4.xml · nonDerivative · entry 1 SCHINDLER OZZIE A · CIK 0001409331 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 41,424 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| April 10, 2019 Filed Apr 12, 2019 00:00 UTC |
Springer JonDirector · President and CRO
|
SaleCommon Stock | 7,000 | $30.66 | $214,585.00 |
DisclosureSEC source: 0000905148-19-000515 · form4.xml · nonDerivative · entry 2 Springer Jon · CIK 0001492994 · Director · President and CRO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 486,036 F2 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2018. F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $30.11 to $30.89, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3). Read SEC document |
| April 09, 2019 Filed Apr 12, 2019 00:01 UTC |
Campos Kimberly DDirector · CIO & CAO
|
Exercise / conversionStock Option (Right to Buy) · Derivative | 6,700 | $0.00 Strike: $24.58 | $0.00 |
DisclosureSEC source: 0000905148-19-000516 · form4.xml · derivative · entry 3 Campos Kimberly D · CIK 0001645057 · Director · CIO & CAO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 3,967 Underlying: Common Stock · 6,700 shares Expires 2020-03-13 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · security: Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Ms. Campos effective as of March 13, 2015. F2 · derivative.exercise_date: This option vested as follows: (a) 8,333 shares vested on March 13, 2016; (b) 8,333 shares vested on March 13, 2017; and (c) 8,334 shares vested on March 13, 2018. Read SEC document |
| April 09, 2019 Filed Apr 12, 2019 00:01 UTC |
Campos Kimberly DDirector · CIO & CAO
|
Tax withholdingCommon Stock | 5,833 | $30.12 | $175,689.96 |
DisclosureSEC source: 0000905148-19-000516 · form4.xml · nonDerivative · entry 2 Campos Kimberly D · CIK 0001645057 · Director · CIO & CAO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 867 Read SEC document |
| April 09, 2019 Filed Apr 12, 2019 00:01 UTC |
Campos Kimberly DDirector · CIO & CAO
|
Exercise / conversionCommon Stock | 6,700 | $24.58 | $164,686.00 |
DisclosureSEC source: 0000905148-19-000516 · form4.xml · nonDerivative · entry 1 Campos Kimberly D · CIK 0001645057 · Director · CIO & CAO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 6,700 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| April 09, 2019 Filed Apr 12, 2019 00:00 UTC |
Springer JonDirector · President and CRO
|
GrantCommon Stock | 25,000 | $0.00 | $0.00 |
DisclosureSEC source: 0000905148-19-000515 · form4.xml · nonDerivative · entry 1 Springer Jon · CIK 0001492994 · Director · President and CRO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 493,036 F1 · shares: Each of these restricted stock units ("RSUs") represents the right to receive one share of the Issuer's Common Stock, subject to vesting. These RSUs are scheduled to vest on December 31, 2019, subject to continued employment by the reporting person through the vesting date. Read SEC document |
| March 14, 2019 Filed Mar 19, 2019 00:07 UTC |
SCHINDLER OZZIE ADirector
|
GrantStock Option (Right to Buy) · Derivative | 20,000 | $0.00 Strike: $31.64 | $0.00 |
DisclosureSEC source: 0000905148-19-000455 · form4.xml · derivative · entry 1 SCHINDLER OZZIE A · CIK 0001409331 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 20,000 Underlying: Common Stock · 20,000 shares Expires 2024-03-14 F1 · security: Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Schindler, effective as of March 14, 2019. Read SEC document |
| March 14, 2019 Filed Mar 19, 2019 00:08 UTC |
WILENTZ JOELDirector
|
GrantStock Option (Right to Buy) · Derivative | 20,000 | $0.00 Strike: $31.64 | $0.00 |
DisclosureSEC source: 0000905148-19-000456 · form4.xml · derivative · entry 1 WILENTZ JOEL · CIK 0001271507 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 20,000 Underlying: Common Stock · 20,000 shares Expires 2024-03-14 F1 · security: Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Wilentz, effective as of March 14, 2019. Read SEC document |
| March 14, 2019 Filed Mar 19, 2019 00:06 UTC |
PIETRANGELO MICHAELDirector
|
GrantStock Option (Right to Buy) · Derivative | 20,000 | $0.00 Strike: $31.64 | $0.00 |
DisclosureSEC source: 0000905148-19-000454 · form4.xml · derivative · entry 1 PIETRANGELO MICHAEL · CIK 0001258089 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 20,000 Underlying: Common Stock · 20,000 shares Expires 2024-03-14 F1 · security: Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Pietrangelo, effective as of March 14, 2019. Read SEC document |
| March 14, 2019 Filed Mar 19, 2019 00:05 UTC |
PETERSON RICHARD DDirector
|
GrantStock Option (Right to Buy) · Derivative | 20,000 | $0.00 Strike: $31.64 | $0.00 |
DisclosureSEC source: 0000905148-19-000453 · form4.xml · derivative · entry 1 PETERSON RICHARD D · CIK 0001430423 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 20,000 Underlying: Common Stock · 20,000 shares Expires 2024-03-14 F1 · security: Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Peterson, effective as of March 14, 2019. Read SEC document |
| March 14, 2019 Filed Mar 19, 2019 00:04 UTC |
PALMIERI RALPH J.Director
|
GrantStock Option (Right to Buy) · Derivative | 20,000 | $0.00 Strike: $31.64 | $0.00 |
DisclosureSEC source: 0000905148-19-000452 · form4.xml · derivative · entry 1 PALMIERI RALPH J. · CIK 0001610432 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 20,000 Underlying: Common Stock · 20,000 shares Expires 2024-03-14 F1 · security: Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Palmieri, effective as of March 14, 2019. Read SEC document |
| March 14, 2019 Filed Mar 19, 2019 00:03 UTC |
Callahan Scott P.Director
|
GrantStock Option (Right to Buy) · Derivative | 20,000 | $0.00 Strike: $31.64 | $0.00 |
DisclosureSEC source: 0000905148-19-000451 · form4.xml · derivative · entry 1 Callahan Scott P. · CIK 0001581169 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 20,000 Underlying: Common Stock · 20,000 shares Expires 2024-03-14 F1 · security: Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Callahan, effective as of March 14, 2019. Read SEC document |
| March 14, 2019 Filed Mar 19, 2019 00:01 UTC |
Wilcox FrankCFO, Principal Acct. Officer
|
GrantStock Option (Right to Buy) · Derivative | 25,000 | $0.00 Strike: $31.64 | $0.00 |
DisclosureSEC source: 0000905148-19-000450 · form4.xml · derivative · entry 1 Wilcox Frank · CIK 0001587355 · CFO, Principal Acct. Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 25,000 Underlying: Common Stock · 25,000 shares Expires 2029-03-14 F1 · security: Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Wilcox, effective as of March 14, 2019. F2 · derivative.exercise_date: This option is scheduled to vest as follows: (a) 8,333 shares on March 14, 2020; (b) 8,333 shares on March 14, 2021; and (c) 8,334 shares on March 14, 2022. Read SEC document |
| March 14, 2019 Filed Mar 19, 2019 00:00 UTC |
DOWNES SEAN PDirector · CEO
|
GrantStock Option (Right to Buy) · Derivative | 100,991 | $0.00 Strike: $31.64 | $0.00 |
DisclosureSEC source: 0000905148-19-000449 · form4.xml · derivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 100,991 Underlying: Common Stock · 100,991 shares Expires 2029-03-14 F1 · security: Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Downes, effective as of March 14, 2019. F2 · derivative.exercise_date: This option is scheduled to vest as follows: (a) 33,663 shares on March 14, 2020; (b) 33,664 shares on March 14, 2021; and (c) 33,664 shares on March 14, 2022. Read SEC document |
| March 11, 2019 Filed Mar 13, 2019 00:01 UTC |
Springer JonDirector · President and CRO
|
SaleCommon Stock | 7,000 | $31.38 | $219,638.30 |
DisclosureSEC source: 0000905148-19-000431 · form4.xml · nonDerivative · entry 1 Springer Jon · CIK 0001492994 · Director · President and CRO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 468,036 F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2018. F2 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.165 to $31.575, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2). Read SEC document |
| March 08, 2019 Filed Mar 13, 2019 00:00 UTC |
DOWNES SEAN PDirector · CEO
|
Tax withholdingCommon Stock | 5,294 | $31.34 | $165,913.96 |
DisclosureSEC source: 0000905148-19-000430 · form4.xml · nonDerivative · entry 2 DOWNES SEAN P · CIK 0001287040 · Director · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,417,880 F3 · shares: These shares of Common Stock were withheld to satisfy the tax withholding obligation in connection with the vesting of 12,500 RSUs on March 8, 2019. Read SEC document |
| March 08, 2019 Filed Mar 13, 2019 00:00 UTC |
DOWNES SEAN PDirector · CEO
|
GrantCommon Stock | 25,000 | $0.00 | $0.00 |
DisclosureSEC source: 0000905148-19-000430 · form4.xml · nonDerivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,423,174 F1 · security: These restricted stock units ("RSUs") were granted in connection with an Employment Agreement between the Company and Mr. Downes dated February 27, 2019. F2 · shares: 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) 12,500 RSUs vest on March 8, 2019, (b) 6,250 RSUs vest on June 1, 2019, and (c) 6,250 RSUs vest on December 1, 2019. Read SEC document |
| March 06, 2019 Filed Mar 8, 2019 14:38 UTC | PurchaseCommon Stock | 20,000 | $31.50 | $630,000.00 |
DisclosureSEC source: 0000905148-19-000415 · form4.xml · nonDerivative · entry 1 Donaghy Stephen · CIK 0001492959 · COO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 501,983 Read SEC document |
|
| March 04, 2019 Filed Mar 6, 2019 21:32 UTC |
Wilcox FrankCFO, Principal Acct. Officer
|
PurchaseCommon Stock | 600 | $32.19 | $19,311.60 |
DisclosureSEC source: 0000905148-19-000412 · form4.xml · nonDerivative · entry 2 Wilcox Frank · CIK 0001587355 · CFO, Principal Acct. Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 128,965 Read SEC document |
| March 04, 2019 Filed Mar 6, 2019 21:32 UTC |
Wilcox FrankCFO, Principal Acct. Officer
|
PurchaseCommon Stock | 100 | $32.25 | $3,225.00 |
DisclosureSEC source: 0000905148-19-000412 · form4.xml · nonDerivative · entry 1 Wilcox Frank · CIK 0001587355 · CFO, Principal Acct. Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 128,365 Read SEC document |
| March 04, 2019 Filed Mar 6, 2019 21:35 UTC |
PIETRANGELO MICHAELDirector
|
Exercise / conversionStock Option (Right to Buy) · Derivative | 20,000 | $0.00 Strike: $11.92 | $0.00 |
DisclosureSEC source: 0000905148-19-000413 · form4.xml · derivative · entry 2 PIETRANGELO MICHAEL · CIK 0001258089 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 20,000 shares Expires 2019-05-14 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · security: Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Pietrangelo, effective as of May 14, 2014. Read SEC document |
| March 04, 2019 Filed Mar 6, 2019 21:35 UTC |
PIETRANGELO MICHAELDirector
|
Exercise / conversionCommon Stock | 20,000 | $11.92 | $238,400.00 |
DisclosureSEC source: 0000905148-19-000413 · form4.xml · nonDerivative · entry 1 PIETRANGELO MICHAEL · CIK 0001258089 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 88,083 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| February 11, 2019 Filed Feb 14, 2019 01:01 UTC |
Springer JonDirector · President and CRO
|
SaleCommon Stock | 7,000 | $38.30 | $268,122.40 |
DisclosureSEC source: 0000905148-19-000313 · form4.xml · nonDerivative · entry 1 Springer Jon · CIK 0001492994 · Director · President and CRO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 478,136 F1 · kind: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2018. F2 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $37.96 to $38.66, inclusive. The reporting person undertakes to provide to Universal Insurance Holdings, Inc., any security holder of Universal Insurance Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2). Read SEC document |
| January 22, 2019 Filed Jan 25, 2019 01:01 UTC |
Springer JonDirector · President and CRO
|
Exercise / conversionPerformance Share Units · Derivative | 6,127 | Not disclosed | Not disclosed |
DisclosureSEC source: 0000905148-19-000150 · form4.xml · derivative · entry 3 Springer Jon · CIK 0001492994 · Director · President and CRO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 6,128 Underlying: Common Stock · 6,127 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_price: 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. F2 · derivative.exercise_price: 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. F1 · price: 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. F2 · price: 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. F1 · derivative.exercise_date: 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. F2 · derivative.exercise_date: 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. F1 · derivative.expiration_date: 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. F2 · derivative.expiration_date: 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. Read SEC document |
| January 22, 2019 Filed Jan 25, 2019 01:01 UTC |
Springer JonDirector · President and CRO
|
Tax withholdingCommon Stock | 2,794 | $36.99 | $103,350.06 |
DisclosureSEC source: 0000905148-19-000150 · form4.xml · nonDerivative · entry 2 Springer Jon · CIK 0001492994 · Director · President and CRO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 485,136 F3 · shares: 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. Read SEC document |
| January 22, 2019 Filed Jan 25, 2019 01:01 UTC |
Springer JonDirector · President and CRO
|
Exercise / conversionCommon Stock | 6,127 | Not disclosed | Not disclosed |
DisclosureSEC source: 0000905148-19-000150 · form4.xml · nonDerivative · entry 1 Springer Jon · CIK 0001492994 · Director · President and CRO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 487,930 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: 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. F2 · shares: 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. F1 · price: 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. F2 · price: 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. Read SEC document |
| January 22, 2019 Filed Jan 25, 2019 01:00 UTC |
DOWNES SEAN PDirector · CEO
|
Exercise / conversionPerformance Share Units · Derivative | 18,382 | Not disclosed | Not disclosed |
DisclosureSEC source: 0000905148-19-000149 · form4.xml · derivative · entry 3 DOWNES SEAN P · CIK 0001287040 · Director · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 18,383 Underlying: Common Stock · 18,382 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_price: 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. F2 · derivative.exercise_price: 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. F1 · price: 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. F2 · price: 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. F1 · derivative.exercise_date: 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. F2 · derivative.exercise_date: 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. F1 · derivative.expiration_date: 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. F2 · derivative.expiration_date: 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. Read SEC document |
| January 22, 2019 Filed Jan 25, 2019 01:00 UTC |
DOWNES SEAN PDirector · CEO
|
Tax withholdingCommon Stock | 7,785 | $36.99 | $287,967.15 |
DisclosureSEC source: 0000905148-19-000149 · form4.xml · nonDerivative · entry 2 DOWNES SEAN P · CIK 0001287040 · Director · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,496,247 F3 · shares: 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. Read SEC document |
| January 22, 2019 Filed Jan 25, 2019 01:00 UTC |
DOWNES SEAN PDirector · CEO
|
Exercise / conversionCommon Stock | 18,382 | Not disclosed | Not disclosed |
DisclosureSEC source: 0000905148-19-000149 · form4.xml · nonDerivative · entry 1 DOWNES SEAN P · CIK 0001287040 · Director · CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,504,032 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: 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. F2 · shares: 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. F1 · price: 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. F2 · price: 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. Read SEC document |
| January 16, 2019 Filed Jan 19, 2019 01:00 UTC |
WILENTZ JOELDirector
|
Exercise / conversionOption to Purchase Common Stock · Derivative | 20,000 | $0.00 Strike: $11.92 | $0.00 |
DisclosureSEC source: 0000905148-19-000135 · form4.xml · derivative · entry 3 WILENTZ JOEL · CIK 0001271507 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 20,000 shares Expires 2019-05-14 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · security: Option was granted in connection with a Non-Qualified Stock Option Agreement by and between the Company and Mr. Wilentz, effective as of May 14, 2014. Read SEC document |
Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.