Brian D. Haney - 19 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
19 May 2023
Net transactions value
-$232,688
Form type
4
Filing time
22 May 2023, 16:09:37 UTC
Previous filing
01 May 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 Options Exercise $12,000 +750 +0.83% $16.00* 90,659 19 May 2023 Direct
transaction KNSL Common Stock, par value $0.01 per share Sale $244,688 -750 -0.83% $326.25 89,909 19 May 2023 Direct F1
holding KNSL Common Stock, par value $0.01 per share 72,331 19 May 2023 By spouse

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 -750 -7.7% $0.000000 9,000 19 May 2023 Common Stock, par value $0.01 per share 750 $16.00 Direct F2
* 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 May 10, 2022.
F2 The options vest in four equal installments on each anniversary of July 27, 2016.