FG Nexus Inc. — Director's Dealing 2015

Dec 17, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 1347 Property Insurance Holdings, Inc. (PIH)
CIK: 0001591890
Period of Report: 2015-12-15

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-15	Option (right to buy)	$8	D	66066	Disposed	2015-12-15	Common Stock (66066)	Direct
2015-12-15	Option (right to buy)	$8	A	66066	Acquired	2016-06-15	Common Stock (66066)	Direct

Footnotes

F1: The reported transactions involved an amendment of an outstanding option, resulting in a deemed cancellation 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.