Alexander James Baker - Jan 1, 2024 Form 4 Insider Report for Hamilton Insurance Group, Ltd. (HG)

Signature
/s/ Gemma Carreiro, Attorney-in-Fact
Stock symbol
HG
Transactions as of
Jan 1, 2024
Transactions value $
-$113,396
Form type
4
Date filed
3/5/2024, 08:38 PM
Previous filing
Jan 2, 2024
Next filing
Mar 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HG Class B Common Shares Options Exercise +16.1K +47.76% 49.9K Mar 1, 2024 Direct F3
transaction HG Class B Common Shares Tax liability -$113K -7.59K -15.19% $14.95 42.4K Jan 1, 2024 Direct F1, F2

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 HG 2021 LTIP -Restricted Stock Units Options Exercise $0 -6.19K -100% $0.00* 0 Mar 1, 2024 Class B Common Shares 6.19K Direct F3, F4
transaction HG 2022 LTIP - Restricted Stock Units Options Exercise $0 -5.56K -50% $0.00 5.56K Mar 1, 2024 Class B Common Shares 5.56K Direct F3, F5
transaction HG 2023 LTIP - Restricted Stock Units Options Exercise $0 -4.4K -33.33% $0.00 8.79K Mar 1, 2024 Class B Common Shares 4.4K Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares retained by the issuer to satisfy tax withholding obligations upon the vesting of restricted stock units ("RSUs").
F2 Represents the value of the shares on the vesting date which was used to determine the number of shares to be retained by the issuer to satisfy the tax withholding obligations.
F3 RSUs convert into Class B Common Shares on a one-for-one basis.
F4 On March 30, 2021, the reporting person was granted 18,572 RSUs vesting in equal installments on each of January 1, 2022, 2023 and 2024.
F5 On February 11, 2022, the reporting person was granted 16,667 RSUs vesting in equal installments on each of January 1, 2023, 2024 and 2025.
F6 On March 10, 2023, the reporting person was granted 13,185 RSUs vesting in equal installments on each of January 1, 2024, 2025 and 2026.