FG Nexus Inc. — Director's Dealing 2014

Apr 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 1347 Property Insurance Holdings, Inc. (PIH)
CIK: 0001591890
Period of Report: 2014-01-23

Reporting Person: PRATT GORDON G (Director, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-31	Option (right to buy)	$8.00	A	16330	Acquired	2019-03-31	Common Stock (16330)	Direct
2014-01-23	Series A Convertible Preferred Stock and Right to Warrants	$	A	80000	Acquired	2015-01-23	Common Stock and Warrants (625000)	Indirect

Footnotes

F1: Upon conversion of the 80,000 shares of Preferred Stock into 312,500 shares of Common Stock, the Reporting Person will also be issued warrants to purchase 312,500 shares of Common Stock for $9.60 per share.

F2: Held by Fund Management Group LLC ("FMG"). The Reporting Person is controlling equity holder and managing member of FMG. He disclaims beneficial ownership of the securities held by FMG, except to the extent of his pecuniary interest therein.