Raymond F. Wise Jr. - 01 Aug 2024 Form 4 Insider Report for AMERISAFE INC (AMSF)

Role: EVP - CSO
Signature: /s/Kathryn H. Shirley, attorney-in-fact for Raymond F. Wise
Issuer symbol: AMSF
Transactions as of: 01 Aug 2024
Net transactions value: -$43,898
Form type: 4
Filing time: 02 Aug 2024, 16:15:30 UTC
Previous filing: 05 Mar 2024
Next filing: 05 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMSF	Common stock	Options Exercise		+2,128			2,128	01 Aug 2024	Direct	F1
transaction	AMSF	Common stock	Tax liability	$43,898	-934	-44%	$47.00	1,194	01 Aug 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	AMSF	Restricted Stock Units	Options Exercise	$0	-2,128	-13%	$0.000000	14,411	01 Aug 2024	Common Stock	2,128		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common stock on a one-for-one basis.
F2	On August 1, 2023, the reporting person was granted 14,188 restricted stock units, vesting in four annual installments of 15%, 20%, 30%, and 35% beginning August 1, 2024, the first anniversary of the grant date.