Adrian Joseph Daws - Nov 11, 2024 Form 4 Insider Report for Hamilton Insurance Group, Ltd. (HG)

Role: CEO, Hamilton Global Specialty
Signature: /s/ Gemma Carreiro, Attorney-in-Fact
Stock symbol: HG
Transactions as of: Nov 11, 2024
Transactions value $: -$281,774
Form type: 4
Date filed: 11/13/2024, 07:14 PM
Previous 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		+33.7K	+29.1%		149K	Nov 11, 2024	Direct	F1, F2
transaction	HG	Class B Common Shares	Tax liability	-$282K	-15.8K	-10.59%	$17.80	134K	Nov 11, 2024	Direct	F3, F4

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	Restricted Stock Units	Options Exercise	$0	-33.7K	-50%	$0.00	33.7K	Nov 11, 2024	Class B Common Shares	33.7K		Direct	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") converts into Class B Common Shares on a one-for-one-basis.
F2	Includes RSU's previously reported in Table I.
F3	Represents shares retained by the issuer to satisfy tax withholding obligations upon vesting of restricted stock units ("RSUs").
F4	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.
F5	On December 19, 2023, the reporting person was issued 67,362 restricted stock units ("RSU's") that vest 50% on November 10, 2024 and 50% on 10 November 2025, subject to the terms of The Hamilton Insurance Group, Ltd. Value Appreciation Pool Rules.