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TechKim

08/10/07 11:01 AM

#440 RE: Direstorm #439

1. Option was granted in connection with the appointment of Ozzie A. Schindler to the Board of Directors of Universal Insurance Holdings, Inc. ("Universal") and the related Non-Qualified Stock Option Agreement for Non-Employee Directors by and between Universal and Mr. Schindler dated, January 9, 2007.
2. Option was granted in connection with (i) the execution of a Director Services Agreement by and between Universal and Mr. Schindler and (ii) the related Non-Qualified Stock Option Agreement for Non-Employee Directors by and between Universal and Schindler, each dated July 12, 2007.
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elsito99

08/10/07 11:01 AM

#441 RE: Direstorm #439

Thanks for the heads up.


So stock options exercisable on Jan 08 and July 08??

He's gonna do really well with the options from January. He got them at $2.6, WOW.

I see this as good news, since exercisable dates are still way off.