Michael P. Kehoe - 04 May 2023 Form 4 Insider Report for Kinsale Capital Group, Inc. (KNSL)

Signature
/s/ Amanda E. Viol, as attorney-in-fact
Issuer symbol
KNSL
Transactions as of
04 May 2023
Net transactions value
-$2,684,897
Form type
4
Filing time
08 May 2023, 16:13:51 UTC
Previous filing
08 Mar 2023
Next filing
05 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNSL Common Stock, par value $0.01 per share Sale $84,942 -266 -0.09% $319.33 310,923 04 May 2023 Direct F1, F2
transaction KNSL Common Stock, par value $0.01 per share Sale $100,958 -315 -0.1% $320.50 310,608 04 May 2023 Direct F1, F3
transaction KNSL Common Stock, par value $0.01 per share Sale $105,393 -328 -0.11% $321.32 310,280 04 May 2023 Direct F1, F4
transaction KNSL Common Stock, par value $0.01 per share Sale $20,010 -62 -0.02% $322.74 310,218 04 May 2023 Direct F1, F5
transaction KNSL Common Stock, par value $0.01 per share Sale $78,734 -243 -0.08% $324.01 309,975 04 May 2023 Direct F1, F6
transaction KNSL Common Stock, par value $0.01 per share Sale $20,479 -63 -0.02% $325.06 309,912 04 May 2023 Direct F1, F7
transaction KNSL Common Stock, par value $0.01 per share Sale $21,834 -67 -0.02% $325.88 309,845 04 May 2023 Direct F1, F8
transaction KNSL Common Stock, par value $0.01 per share Sale $37,649 -115 -0.04% $327.38 309,730 04 May 2023 Direct F1, F9
transaction KNSL Common Stock, par value $0.01 per share Sale $13,450 -41 -0.01% $328.05 309,689 04 May 2023 Direct F1
transaction KNSL Common Stock, par value $0.01 per share Sale $197,985 -620 -0.1% $319.33 600,618 04 May 2023 As managing member of M.P. Kehoe, LLC F2, F10, F11
transaction KNSL Common Stock, par value $0.01 per share Sale $235,888 -736 -0.12% $320.50 599,882 04 May 2023 As managing member of M.P. Kehoe, LLC F3, F10, F11
transaction KNSL Common Stock, par value $0.01 per share Sale $246,131 -766 -0.13% $321.32 599,116 04 May 2023 As managing member of M.P. Kehoe, LLC F4, F10, F11
transaction KNSL Common Stock, par value $0.01 per share Sale $47,120 -146 -0.02% $322.74 598,970 04 May 2023 As managing member of M.P. Kehoe, LLC F5, F10, F11
transaction KNSL Common Stock, par value $0.01 per share Sale $184,038 -568 -0.09% $324.01 598,402 04 May 2023 As managing member of M.P. Kehoe, LLC F6, F10, F11
transaction KNSL Common Stock, par value $0.01 per share Sale $47,134 -145 -0.02% $325.06 598,257 04 May 2023 As managing member of M.P. Kehoe, LLC F7, F10, F11
transaction KNSL Common Stock, par value $0.01 per share Sale $51,163 -157 -0.03% $325.88 598,100 04 May 2023 As managing member of M.P. Kehoe, LLC F8, F10, F11
transaction KNSL Common Stock, par value $0.01 per share Sale $87,410 -267 -0.04% $327.38 597,833 04 May 2023 As managing member of M.P. Kehoe, LLC F9, F10, F11
transaction KNSL Common Stock, par value $0.01 per share Sale $31,165 -95 -0.02% $328.05 597,738 04 May 2023 As managing member of M.P. Kehoe, LLC F10, F11
transaction KNSL Common Stock, par value $0.01 per share Options Exercise $56,000 +3,500 +1.1% $16.00 313,189 05 May 2023 Direct
transaction KNSL Common Stock, par value $0.01 per share Sale $1,129,415 -3,500 -1.1% $322.69 309,689 05 May 2023 Direct F12

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 KNSL Options (Right to Buy) Options Exercise $0 -3,500 -8.1% $0.000000 39,576 05 May 2023 Common Stock, par value $0.01 per share 3,500 $16.00 Direct F13, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2022.
F2 The shares were sold in multiple transactions at actual sale prices ranging from $318.92 to $319.76 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 The shares were sold in multiple transactions at actual sale prices ranging from $320.05 to $321.04 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 The shares were sold in multiple transactions at actual sale prices ranging from $321.06 to $321.96 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5 The shares were sold in multiple transactions at actual sale prices ranging from $322.20 to $323.08 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F6 The shares were sold in multiple transactions at actual sale prices ranging from $323.58 to $324.42 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F7 The shares were sold in multiple transactions at actual sale prices ranging from $324.78 to $325.69 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F8 The shares were sold in multiple transactions at actual sale prices ranging from $325.79 to $326.75 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F9 The shares were sold in multiple transactions at actual sale prices ranging from $327.00 to $327.79 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F10 The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person with respect to M.P. Kehoe, LLC on June 13, 2022.
F11 The reporting person is the managing member of M.P. Kehoe, LLC (the "LLC"). The reporting person disclaims beneficial ownership of shares of Common Stock held by the LLC except to the extent of his pecuniary interest therein.
F12 The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 4, 2022.
F13 Granted on July 27, 2016 under the Kinsale Capital Group, Inc. 2016 Omnibus Incentive Plan.
F14 The options vested in four equal installments on each anniversary of July 27, 2016.