Angela Grant - Jan 26, 2024 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Signature
/s/ Angela Grant
Stock symbol
PLMR
Transactions as of
Jan 26, 2024
Transactions value $
-$54,357
Form type
4
Date filed
1/30/2024, 07:27 PM
Previous filing
Jan 3, 2024
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLMR Common Stock (RSUs) Options Exercise $0 +656 +261.35% $0.00 907 Jan 26, 2024 Direct
transaction PLMR Common Stock (RSUs) Sale -$16.4K -273 -30.1% $60.13 634 Jan 26, 2024 Direct F1
transaction PLMR Common Stock (RSUs) Options Exercise $0 +1.31K +207.1% $0.00 1.95K Jan 26, 2024 Direct
transaction PLMR Common Stock (RSUs) Sale -$31.7K -528 -27.12% $60.13 1.42K Jan 26, 2024 Direct F1
transaction PLMR Common Stock (RSUs) Options Exercise $0 +247 +17.41% $0.00 1.67K Jan 27, 2024 Direct
transaction PLMR Common Stock (RSUs) Sale -$6.19K -103 -6.18% $60.13 1.56K Jan 27, 2024 Direct F1
holding PLMR Common Stock 251 Jan 26, 2024 Direct

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 (RSUs) Options Exercise $0 -656 -50% $0.00 656 Jan 26, 2024 Common Stock 656 $0.00 Direct F2
transaction PLMR Restricted Stock Units (RSUs) Options Exercise $0 -1.31K -50.02% $0.00 1.31K Jan 26, 2024 Common Stock 1.31K $0.00 Direct F3
transaction PLMR Restricted Stock Units (RSUs) Options Exercise $0 -247 -100% $0.00* 0 Jan 27, 2024 Common Stock 247 $0.00 Direct F4
transaction PLMR Restricted Stock Units (RSUs) Award $0 -3.28K -50% $0.00 3.28K Jan 29, 2024 Common Stock 3.28K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares automatically sold by the Company on behalf of the Reporting Person pursuant to a mandatory sell-to-cover provision in the RSU award agreement required to cover minimum statutory tax withholding obligations that became due upon the RSU vesting event.
F2 The original RSU grant was for 1,968 shares on 1/26/2022. 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.
F3 The original RSU grant was for 3,937 shares on 1/26/2022. 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.
F4 The original RSU grant was for 742 shares on 1/27/2021. 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.
F5 The original RSU grant was for 3,282 shares on 1/29/2024. 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.