Daniel Mark Fisher - Mar 5, 2024 Form 4 Insider Report for Hamilton Insurance Group, Ltd. (HG)

Role
Group Head of HR & Comm.
Signature
/s/ Gemma Carreiro, Attorney-in-Fact
Stock symbol
HG
Transactions as of
Mar 5, 2024
Transactions value $
$0
Form type
4
Date filed
3/7/2024, 08:24 PM
Previous filing
Mar 5, 2024
Next filing
Nov 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HG Class B Common Shares Options Exercise +2.47K +9.81% 27.6K Mar 5, 2024 Direct F1
transaction HG Class B Common Shares Award +10.5K +37.82% 38.1K Mar 5, 2024 Direct 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 - Performance Stock Units Options Exercise $0 -2.47K -100% $0.00* 0 Mar 5, 2024 Class B Common Shares 2.47K Direct F1
transaction HG 2024 LTIP -Performance Stock Units Award $0 +10.5K $0.00 10.5K Mar 5, 2024 Class B Common Shares 10.5K Direct F3
* 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 7,739 performance stock units ('PSUs') that could be earned based on our annualized underwriting return on capital for the 3-year performance period ending on December 31, 2023. Each PSU represented a contingent right to receive one Class B common share.
F2 On March 5, 2024, the reporting person was granted 10,453 restricted stock units ('RSUs') that vest one-third per year on January 1, 2025, 2026 and 2027, respectively. Each RSU represents the right to receive one Class B common share.
F3 On March 5, 2024 the reporting person was granted 10,453 PSUs that are earned based on two equally-weighted performance measures: (i) Return on Equity and (ii) Book Value per Share growth, both measured on an absolute basis, for the 3-year performance period ending on December 31, 2026. Each PSU represents a contingent 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.