Mac Armstrong - Sep 8, 2021 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Role
CEO and Chairman, Director
Signature
/s/ Christopher Uchida, Attorney-in-Fact
Stock symbol
PLMR
Transactions as of
Sep 8, 2021
Transactions value $
-$52,532
Form type
4
Date filed
9/10/2021, 06:19 PM
Previous filing
Jul 19, 2021
Next filing
Sep 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLMR Common Stock (RSUs) Options Exercise $0 +1.21K +0.16% $0.00 737K Sep 8, 2021 Direct F2
transaction PLMR Common Stock (RSUs) Tax liability -$52.5K -605 -0.08% $86.83 736K Sep 8, 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PLMR Restricted Stock Units Options Exercise $0 -1.21K -33.34% $0.00 2.43K Sep 8, 2021 Common Stock 1.21K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This entry represents the number of shares of common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.
F2 Includes 1,337 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
F3 The original RSU grant was for 3,638 shares on 9/8/2020. Subject to continuing service with the Company, the restricted stock units shall vest as follows: one-third (1/3) shall vest on the first year anniversary of the date of the grant; an additional one-third (1/3) shall vest on the second year anniversary of the date of the grant; and the final one-third (1/3) shall vest on the third year anniversary of the date of grant.