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

Role
Chief Legal Officer
Signature
/s/ Christopher Uchida, Attorney-in-Fact
Issuer symbol
PLMR
Transactions as of
26 Jan 2022
Net transactions value
$0
Form type
4
Filing time
28 Jan 2022, 18:37:49 UTC
Next filing
31 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PLMR Common Stock 8 26 Jan 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 +1,636 $0.000000 1,636 26 Jan 2022 Common Stock 1,636 $49.53 Direct F2
transaction PLMR Restricted Stock Units Award $0 +1,968 $0.000000 1,968 26 Jan 2022 Common Stock 1,968 Direct F3, F4
transaction PLMR Employee Stock Option (right to buy) Award $0 +3,273 +200% $0.000000 4,909 26 Jan 2022 Common Stock 3,273 $49.53 Direct F2
transaction PLMR Restricted Stock Units Award $0 +3,937 +200% $0.000000 5,905 26 Jan 2022 Common Stock 3,937 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.