Michael J. Alexander - Mar 1, 2022 Form 4 Insider Report for NI Holdings, Inc. (NODK)

Signature
/s/ Timothy J. Milius
Stock symbol
NODK
Transactions as of
Mar 1, 2022
Transactions value $
-$404,408
Form type
4
Date filed
3/3/2022, 01:55 PM
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NODK Common Stock Tax liability -$63.8K -3.53K -2.14% $18.10 161K Mar 1, 2022 Direct F1, F2
transaction NODK Common Stock Award $0 +44.7K +27.7% $0.00 206K Mar 1, 2022 Direct F3
transaction NODK Common Stock Tax liability -$341K -18.8K -9.13% $18.10 187K Mar 1, 2022 Direct F4
transaction NODK Common Stock Award $0 +18.3K +9.77% $0.00 206K Mar 1, 2022 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy withholding obligations upon the March 1, 2022 restricted stock unit vesting.
F2 Includes shares distributed from the Company's Employee Stock Ownership Plan.
F3 Represents the number of shares issued upon vesting of performance share units ("PSUs") based on the relative performance achieved during the 2019-2021 performance period.
F4 Represents shares withheld to satisfy withholding obligations upon the March 1, 2022 PSU vesting.
F5 These shares are represented by restricted stock units.
F6 Includes restricted stock units.