Alexander James Baker - Nov 9, 2023 Form 3 Insider Report for Hamilton Insurance Group, Ltd. (HG)

Role
Chief Risk Officer
Signature
/s/ Gemma Carreiro, Attorney-in-Fact
Stock symbol
HG
Transactions as of
Nov 9, 2023
Transactions value $
$0
Form type
3
Date filed
11/9/2023, 06:48 PM
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HG Class B Common Shares 44.3K Nov 9, 2023 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
holding HG 2021 LTIP - Restricted Stock Unit Nov 9, 2023 Class B Common Shares 6.19K Direct F1
holding HG 2022 LTIP - Restricted Stock Unit Nov 9, 2023 Class B Common Shares 11.1K Direct F2
holding HG 2023 LTIP - Restricted Stock Unit Nov 9, 2023 Class B Common Shares 13.2K Direct F3
holding HG 2023 LTIP - Performance Stock Units Nov 9, 2023 Class B Common Shares 13.2K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 30, 2021, the reporting person was granted 18,572 restricted stock units ("RSUs") that vest one-third per year on January 1 of 2022, 2023, and 2024. Each RSU represents the right to receive one Class B common share. The number reported here reflects the RSUs outstanding subject to future vesting.
F2 On February 11, 2022, the reporting person was granted 16,667 RSUs that vest one-third per year on January 1 of 2023, 2024, and 2025, respectively. Each RSU represents the right to receive one Class B common share. The number reported here reflects the RSUs outstanding subject to future vesting.
F3 On March 10, 2023, the reporting person was granted 13,185 RSUs that vest one-third per year on January 1 of 2024, 2025, and 2026, respectively. Each RSU represents the right to receive one Class B common share. The number reported here reflects the RSUs outstanding subject to future vesting.
F4 On March 10, 2023, the reporting person was granted 13,185 performance stock units ("PSUs") that are earned based on our annualized underwriting return on capital for the 3-year performance period ending on December 31, 2025. Each PSU represents the right to receive one Class B common share. The number of units subject to vest under this award can range from 0% to 200% of the amount shown based on the satisfaction of the performance target during the performance period. This award fully vests on January 1, 2026.