Craig Howie - 01 Jan 2024 Form 4 Insider Report for Hamilton Insurance Group, Ltd. (HG)

Signature
/s/ Gemma Carreiro, Attorney-in-Fact
Issuer symbol
HG
Transactions as of
01 Jan 2024
Net transactions value
-$169,578
Form type
4
Filing time
05 Mar 2024, 20:38:26 UTC
Previous filing
02 Jan 2024
Next filing
07 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HG Class B Common Shares Options Exercise +24,698 +375% 31,277 01 Mar 2024 Direct F3
transaction HG Class B Common Shares Tax liability $169,578 -11,343 -36% $14.95 19,934 01 Jan 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 2022 LTIP - Restricted Stock Units Options Exercise $0 -10,121 -50% $0.000000 10,121 01 Mar 2024 Class B Common Shares 10,121 Direct F3, F4
transaction HG 2023 LTIP - Restricted Stock Units Options Exercise $0 -14,577 -33% $0.000000 29,155 01 Mar 2024 Class B Common Shares 14,577 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 February 11, 2022, the reporting person was granted 30,364 RSUs vesting in equal installments on each of January 1, 2023, 2024 and 2025.
F5 On March 10, 2023, the reporting person was granted 43,732 RSUs vesting in equal installments on each of January 1, 2024, 2025 and 2026.