Michelle Antoinette Johnson - Jan 26, 2022 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Role
Chief Talent & Div. Officer
Signature
/s/ Christopher Uchida, Attorney-in-Fact
Stock symbol
PLMR
Transactions as of
Jan 26, 2022
Transactions value $
$0
Form type
4
Date filed
1/28/2022, 06:37 PM
Previous filing
Nov 12, 2021
Next filing
Jan 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PLMR Common Stock 251 Jan 26, 2022 Direct F1

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) Award $0 +1.64K $0.00 1.64K Jan 26, 2022 Common Stock 1.64K $49.53 Direct F2
transaction PLMR Restricted Stock Units Award $0 +1.97K $0.00 1.97K Jan 26, 2022 Common Stock 1.97K Direct F3, F4
transaction PLMR Employee Stock Option (right to buy) Award $0 +3.27K +200.06% $0.00 4.91K Jan 26, 2022 Common Stock 3.27K $49.53 Direct F2
transaction PLMR Restricted Stock Units Award $0 +3.94K +200.05% $0.00 5.91K Jan 26, 2022 Common Stock 3.94K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 94 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
F2 Subject to such person's continuing service with the Company, the options shall vest as follows: 25% shall vest on the first year anniversary of the Grant Date/Vesting Base Date with the remaining shares vesting in equal monthly installments over the subsequent twenty-four (24) month period.
F3 Each restricted stock unit represents a contingent right to receive one share of Palomar Holdings, Inc. common stock.
F4 Subject to such person's continuing service with the Company, restricted stock units shall vest as follows: 33 1/3% shares shall vest on the first year anniversary of the Grant Date/Vesting Base Date; 33 1/3% shares shall vest on the second year anniversary of the Grant Date/Vesting Base Date; and 33 1/3% shares shall vest on the third year anniversary of the Grant Date/Vesting Base Date.