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

Role
Chief Underwriting Officer
Signature
/s/ Christopher Uchida, attorney-in-fact
Stock symbol
PLMR
Transactions as of
Sep 8, 2021
Transactions value $
-$143,780
Form type
4
Date filed
9/10/2021, 06:22 PM
Previous filing
Aug 12, 2021
Next filing
Oct 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLMR Common Stock Sale -$131K -1.5K -1.48% $87.17 99.7K Sep 8, 2021 Direct F1, F2
transaction PLMR Common Stock (RSUs) Options Exercise $0 +430 +0.43% $0.00 100K Sep 8, 2021 Direct F2
transaction PLMR Common Stock (RSUs) Tax liability -$13K -150 -0.15% $86.83 100K Sep 8, 2021 Direct F3

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 -430 -33.31% $0.00 861 Sep 8, 2021 Common Stock 430 $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 Includes 1,106 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
F3 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.
F4 The original RSU grant was for 1,291 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.