AMENDMENT NO 2 TO SCHEDULE 13D

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)

 

 

United Insurance Holdings Corp.

(Name of Issuer)

 

 

Common Stock, par value $0.0001

(Title of Class of Securities)

910710102

(CUSIP Number)

Neil W. Savage

333 Third Avenue North

Suite 400

St. Petersburg, Florida 33701

(727) 341-8388

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

Copy to:

Chester E. Bacheller, Esq.

Holland & Knight LLP

100 North Tampa Street, Suite 4100

Tampa, Florida 33602

Phone: (813) 227-8500

Fax: (813) 229-0134

March 14, 2012

(Date of Event which Requires Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box:  ¨

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


  Page 2 of 5 Pages

 

  1   

NAME OF REPORTING PERSON

 

Neil W. Savage

   I.R.S. IDENTIFICATION NO. (ENTITIES ONLY)
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS*

 

    PF

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    U.S.

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     7    

SOLE VOTING POWER

 

    61,508

     8   

SHARED VOTING POWER

 

    1,953,307

     9   

SOLE DISPOSITIVE POWER

 

    61,508

   10   

SHARED DISPOSITIVE POWER

 

    1,953,307

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    2,014,815

12

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

    19.44%

14

 

TYPE OF REPORTING PERSON

 

    IN


  Page 3 of 5 Pages

 

  1   

NAME OF REPORTING PERSON

 

Kern M. Davis

   I.R.S. IDENTIFICATION NO. (ENTITIES ONLY)
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS*

 

    PF

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    U.S.

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     7    

SOLE VOTING POWER

 

    204,152

     8   

SHARED VOTING POWER

 

    1,953,307

     9   

SOLE DISPOSITIVE POWER

 

    204,152

   10   

SHARED DISPOSITIVE POWER

 

    1,953,307

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    2,157,459

12

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

    20.82%

14

 

TYPE OF REPORTING PERSON

 

    IN


  Page 4 of 5 Pages

 

  1   

NAME OF REPORTING PERSON

 

William W. Hood, III

   I.R.S. IDENTIFICATION NO. (ENTITIES ONLY)
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  x        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

SOURCE OF FUNDS*

 

    PF

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)    ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    U.S.

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     7    

SOLE VOTING POWER

 

    208,542

     8   

SHARED VOTING POWER

 

    1,953,307

     9   

SOLE DISPOSITIVE POWER

 

    208,542

   10   

SHARED DISPOSITIVE POWER

 

    1,953,307

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    2,161,849

12

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    ¨

 

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

    20.86%

14

 

TYPE OF REPORTING PERSON

 

    IN


  Page 5 of 5 Pages

This Amendment No. 2 to Schedule 13D (the “Amendment”) is being filed on behalf of Neil W. Savage, Kern M. Davis and William W. Hood, III to amend the Schedule 13D (the “Schedule 13D”), which was originally filed on February 14, 2011, as amended by Amendment No. 1 to the Schedule 13D (“Amendment No. 1”) which was originally filed on October 26, 2011, relating to the common stock, $0.0001 par value (the “Common Stock”) of United Insurance Holdings Corp. (the “Issuer”). All terms used and not otherwise defined in this Amendment shall have the meanings attributed to such terms in the Schedule 13D and Amendment No. 1. This Amendment is being filed pursuant to Rule 13d-2 of the General Rules and Regulations under the Securities and Exchange Act of 1934 as amended to amend Item 4 as set forth below.

Item 4. Purpose of Transaction.

The achievement of one of the purposes of the Reporting Persons’ continued efforts occurred on March 14, 2012 when the Issuer’s Board of Directors appointed two of the Reporting Persons, Mr. Davis and Mr. Hood, to the Board of Directors and the Nominating and Corporate Governance Committee.

SIGNATURE PAGE

After reasonable inquiry and to the best knowledge and belief of each of the undersigned, each of the undersigned certifies that the information set forth in this Schedule 13D with respect to such person is true, complete and correct.

 

Date:   March 15, 2012    

/s/ Neil W. Savage

      Neil W. Savage
Date:   March 15, 2012    

/s/ Kern M. Davis

      Kern M. Davis
Date:   March 15, 2012    

/s/ William W. Hood, III

      William W. Hood, III