Angela Grant - Jan 26, 2022 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Role: Chief Legal 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
Next filing: Jan 31, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PLMR	Common Stock						8	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 8 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.