FG Nexus Inc. — Director's Dealing 2014

Jun 19, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 1347 Property Insurance Holdings, Inc. (PIH)
CIK: 0001591890
Period of Report: 2014-06-19

Reporting Person: Raucy Douglas N (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-19	Option (right to buy)	$8.00	D	66066	Disposed	2014-06-30	Common Stock (66066)	Direct
2014-06-19	Option (right to buy	$8.00	A	66066	Acquired	2015-03-15	Common Stock (66066)	Direct

Footnotes

F1: The two reported transactions involved an amendment of an outstanding option, resulting in a deemed calcellation of the "old" option and the grant of a replacement option.

F2: Upon exercise of the option to purchase, 33,033 shares of Common Stock for $8.00 per share, the Reporting Person is entitled to receive an award of 33,033 additional shares of restricted Common Stock within 30 days.