Michael J. Alexander - 01 Mar 2022 Form 4 Insider Report for NI Holdings, Inc. (NODK)

Signature
/s/ Timothy J. Milius
Issuer symbol
NODK
Transactions as of
01 Mar 2022
Net transactions value
-$404,408
Form type
4
Filing time
03 Mar 2022, 13:55:24 UTC
Next filing
03 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NODK Common Stock Tax liability $63,821 -3,526 -2.1% $18.10 161,348 01 Mar 2022 Direct F1, F2
transaction NODK Common Stock Award $0 +44,700 +28% $0.000000 206,048 01 Mar 2022 Direct F3
transaction NODK Common Stock Tax liability $340,588 -18,817 -9.1% $18.10 187,231 01 Mar 2022 Direct F4
transaction NODK Common Stock Award $0 +18,300 +9.8% $0.000000 205,531 01 Mar 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.