G. Janelle Frost - May 17, 2021 Form 4 Insider Report for AMERISAFE INC (AMSF)

Signature
/s/Kathryn H. Shirley, attorney-in-fact for G. Janelle Frost
Stock symbol
AMSF
Transactions as of
May 17, 2021
Transactions value $
-$431,935
Form type
4
Date filed
5/19/2021, 05:58 PM
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMSF Common stock, par value $0.01 Award $0 +13.5K +21.13% $0.00 77.1K May 17, 2021 Direct F1
transaction AMSF Common stock, par value $0.01 Sale -$432K -6.73K -8.72% $64.19 70.4K May 19, 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued for the 2018-2020 performance period under an award agreement between the reporting person and the Company pursuant to the Company's Equity and Incentive Compensation Plan. The awards were determined by the Compensation Committee of the Board of Directors of the Company on May 17, 2021 in accordance with the terms of the Plan and the related award agreement.
F2 The shares were sold pursuant to the Reporting Person's 10b5-1 plan primarily to pay required withholding taxes associated with the shares awarded under the related award agreement.
F3 Represents the weighted average selling price of the Issuer's common stock. The range of sales prices were between $64.01 and $64.61. The Reporting Person undertakes, upon request, to provide the SEC, the Issuer and any security holder of the Issuer, full information regarding the number of shares sold at each separate price.