T Christopher Uchida - Sep 15, 2021 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Signature
/s/ Christopher Uchida
Stock symbol
PLMR
Transactions as of
Sep 15, 2021
Transactions value $
-$141,109
Form type
4
Date filed
9/16/2021, 06:07 PM
Previous filing
Sep 10, 2021
Next filing
Nov 22, 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 +4.7% $15.00 33.4K Sep 15, 2021 Direct F2
transaction PLMR Common Stock Sale -$129K -1.5K -4.49% $86.11 31.9K Sep 15, 2021 Direct F1, F2
transaction PLMR Common Stock Sale -$34.4K -400 -1.25% $86.11 31.5K Sep 15, 2021 Direct F1, F2

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 -5.85% $0.00 24.2K Sep 15, 2021 Common Stock 1.5K $15.00 Direct F3
* 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 Includes 1,337 shares of Common Stock purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
F3 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.