Sec Form 4 Filing - Braun Michael H @ FedNat Holding Co - 2020-03-10

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Braun Michael H 2. Issuer Name and Ticker or Trading Symbol FedNat Holding Co [ FNHC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Executive Officer & Pres (Last) (First) (Middle) 14050 N.W. 14 STREET, SUITE 180 3. Date of Earliest Transaction (MM/DD/YY) 03/10/2020 (Street) SUNRISE, FL33323 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, par value $0.01 per share 03/10/2020 A 107,971 ( 1 ) A $ 0 719,677 ( 2 ) D Common Stock, par value $0.01 per share 03/10/2020 D 73,612 ( 3 ) D $ 0 646,065 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Braun Michael H 14050 N.W. 14 STREET SUITE 180 SUNRISE, FL33323 X Chief Executive Officer & Pres Signatures /s/ Michael H. Braun 03/10/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Reflects (i) 57,971 performance shares granted under the Issuer's 2018 Omnibus Incentive Compensation Plan, which vest up to 33.3% each of the next three years beginning on the grant date if certain calendar year performance goals are met; and (ii) 50,000 restricted shares granted under the Plan that vest over five years beginning on the grant date. ( 2 )Includes (i) 107,971 shares granted described in footnote (1); (ii) 36,974 performance shares granted under the 2018 plan, which are the unvested shares remaining after the forfeiture of 18,488 shares and which vest up to 100% if certain performance goals are met on March 6, 2022; (iii) 42,630 performance shares granted under the 2012 Stock Incentive Plan, which are the unvested shares remaining after the forfeiture of 34,104 shares and which vest up to 100% if certain performance goals are met; and (iv) an aggregate of 22,526 unvested restricted shares previously granted under the 2018 plan and 2012 Stock Incentive Plan, which vest over five years beginning on the respective grant dates. ( 3 )Shares granted under the 2018 plan and the 2012 plan that were forfeited because performance goals were not met.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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