Brian D. Haney - May 19, 2023 Form 4 Insider Report for Kinsale Capital Group, Inc. (KNSL)

Signature
/s/ Amanda E. Viol, as attorney-in-fact
Stock symbol
KNSL
Transactions as of
May 19, 2023
Transactions value $
-$232,688
Form type
4
Date filed
5/22/2023, 04:09 PM
Previous filing
May 1, 2023
Next filing
Jun 5, 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 $12K +750 +0.83% $16.00* 90.7K May 19, 2023 Direct
transaction KNSL Common Stock, par value $0.01 per share Sale -$245K -750 -0.83% $326.25 89.9K May 19, 2023 Direct F1
holding KNSL Common Stock, par value $0.01 per share 72.3K May 19, 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 -7.69% $0.00 9K May 19, 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.