Adrian Joseph Daws - 09 Nov 2023 Form 3 Insider Report for Hamilton Insurance Group, Ltd. (HG)

Role: CEO, Hamilton Global Specialty
Signature: /s/ Gemma Carreiro, Attorney-in-Fact
Issuer symbol: HG
Transactions as of: 09 Nov 2023
Net transactions value: $0
Form type: 3
Filing time: 09 Nov 2023, 18:48:06 UTC
Next filing: 02 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HG	Class B Common Shares						76,921	09 Nov 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							09 Nov 2023	Class B Common Shares	4,815		Direct	F1
holding	HG	2022 LTIP - Restricted Stock Unit							09 Nov 2023	Class B Common Shares	10,643		Direct	F2
holding	HG	2023 LTIP - Restricted Stock Unit							09 Nov 2023	Class B Common Shares	20,437		Direct	F3
holding	HG	2021 LTIP - Performance Stock Units							09 Nov 2023	Class B Common Shares	14,445		Direct	F4
holding	HG	2022 LTIP - Performance Stock Units							09 Nov 2023	Class B Common Shares	15,965		Direct	F5
holding	HG	2023 LTIP - Performance Stock Units							09 Nov 2023	Class B Common Shares	20,437		Direct	F6

* 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 14,445 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 15,965 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 20,437 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 30, 2021, the reporting person was granted 14,445 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, 2023. 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, 2024.
F5	On February 11, 2022, the reporting person was granted 15,965 PSUs that are earned based on our annualized underwriting return on capital for the 3-year performance period ending on December 31, 2024. 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, 2025.
F6	On March 10, 2023, the reporting person was granted 20,437 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.