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

Role
Chief Financial Officer
Signature
/s/ Christopher Uchida
Stock symbol
PLMR
Transactions as of
Jun 30, 2021
Transactions value $
-$136,201
Form type
4
Date filed
7/1/2021, 09:44 PM
Next filing
Jul 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLMR Common Stock Options Exercise $22.5K +1.5K +4.43% $15.00 35.4K Jun 30, 2021 Direct F4
transaction PLMR Common Stock Sale -$99.3K -1.32K -3.72% $75.49 34.1K Jun 30, 2021 Direct F1, F3, F4
transaction PLMR Common Stock Sale -$14K -184 -0.54% $76.33 33.9K Jun 30, 2021 Direct F1, F3, F4
transaction PLMR Common Stock Sale -$45.3K -600 -1.77% $75.52 33.3K Jun 30, 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 -1.5K -5.52% $0.00 25.7K Jun 30, 2021 Common Stock 1.5K $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).