Giuseppina Albo - 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 $
-$720,635
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 +93.3K +22.07% 516K Mar 1, 2024 Direct F3
transaction HG Class B Common Shares Tax liability -$721K -48.2K -9.35% $14.95 468K Jan 1, 2024 Direct F1, F2
holding HG Class B Common Shares 219K Jan 1, 2024 By The Albo 2018 LLC

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 -24.5K -100% $0.00* 0 Mar 1, 2024 Class B Common Shares 24.5K Direct F3, F4
transaction HG 2022 LTIP - Restricted Stock Units Options Exercise $0 -29.2K -50% $0.00 29.2K Mar 1, 2024 Class B Common Shares 29.2K Direct F3, F5
transaction HG 2023 LTIP - Restricted Stock Units Options Exercise $0 -39.5K -33.33% $0.00 79K Mar 1, 2024 Class B Common Shares 39.5K 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 6,794 RSUs vesting in equal installments on each of January 1, 2022, 2023 and 2024.
F5 On February 11, 2022, the reporting person was granted 7,287 RSUs vesting in equal installments on each of January 1, 2023, 2024 and 2025.
F6 On March 10, 2023, the reporting person was granted 9,566 RSUs vesting in equal installments on each of January 1, 2024, 2025 and 2026.