Uchida T Christopher - 30 Jun 2021 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Role
Chief Financial Officer
Signature
/s/ Christopher Uchida
Issuer symbol
PLMR
Transactions as of
30 Jun 2021
Net transactions value
-$136,201
Form type
4
Filing time
01 Jul 2021, 21:44:57 UTC
Next filing
23 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLMR Common Stock Options Exercise $22,500 +1,500 +4.4% $15.00 35,392 30 Jun 2021 Direct F4
transaction PLMR Common Stock Sale $99,342 -1,316 -3.7% $75.49 34,076 30 Jun 2021 Direct F1, F3, F4
transaction PLMR Common Stock Sale $14,045 -184 -0.54% $76.33 33,892 30 Jun 2021 Direct F1, F3, F4
transaction PLMR Common Stock Sale $45,314 -600 -1.8% $75.52 33,292 30 Jun 2021 Direct F1, F3, F4

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 PLMR Employee Stock Option (right to buy) Options Exercise $0 -1,500 -5.5% $0.000000 25,656 30 Jun 2021 Common Stock 1,500 $15.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 Fifty percent (50%) of the option shares vest and become exercisable on April 16, 2020 and the remaining option shares vest and become exercisable in twelve (12) equal monthly installments thereafter.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.10 to $75.88 (weighted average of $75.4875), inclusive; $76.21 to $76.49 (weighted average of $76.3340), inclusive; $75.45 to $75.64 (weighted average of $75.5225), inclusive. The Reporting Person undertakes to provide to Palomar Holdings, Inc., any security holder of Palomar Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F4 Includes 1,194 shares of Common Stock purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).