Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PLMR | Common Stock (RSUs) | Options Exercise | $0 | +25K | +675.49% | $0.00 | 28.7K | Jul 15, 2022 | Direct | F1 |
transaction | PLMR | Common Stock (RSUs) | Tax liability | -$665K | -11.9K | -41.51% | $55.79 | 16.8K | Jul 15, 2022 | Direct | F1, F2 |
transaction | PLMR | Common Stock | Sale | -$3.37M | -47.9K | -6.96% | $70.20 | 641K | Aug 4, 2022 | By Armstrong Family Trust | F3, F4 |
transaction | PLMR | Common Stock | Sale | -$310K | -4.4K | -0.69% | $70.53 | 637K | Aug 5, 2022 | By Armstrong Family Trust | F3, F4 |
transaction | PLMR | Common Stock | Sale | -$1.78M | -24.8K | -3.9% | $71.63 | 612K | Aug 5, 2022 | By Armstrong Family Trust | F3, F4 |
transaction | PLMR | Common Stock | Sale | -$531K | -7.33K | -1.2% | $72.52 | 605K | Aug 5, 2022 | By Armstrong Family Trust | F3, F4 |
transaction | PLMR | Common Stock | Sale | -$878 | -12 | 0% | $73.20 | 605K | Aug 5, 2022 | By Armstrong Family Trust | F3 |
transaction | PLMR | Common Stock | Sale | -$835K | -11.5K | -1.9% | $72.77 | 593K | Aug 8, 2022 | By Armstrong Family Trust | F3 |
holding | PLMR | Common Stock | 3.7K | Aug 4, 2022 | Direct | F1 | |||||
holding | PLMR | Common Stock | 689K | Aug 4, 2022 | By Armstrong Family Trust |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PLMR | Restricted Stock Units | Options Exercise | $0 | -25K | -20% | $0.00 | 100K | Jul 15, 2022 | Common Stock | 25K | $0.00 | Direct | F5 |
Id | Content |
---|---|
F1 | Includes 1,470 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP). |
F2 | Represents shares automatically sold by the Company on behalf of the Reporting Person pursuant to a mandatory sell-to-cover provision in the RSU award agreement required to cover minimum statutory tax withholding obligations that became due upon the RSU vesting event. |
F3 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. |
F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.00 to $70.96 (weighted average of $70.2013), inclusive; and $70.00 to $70.97 (weighted average of $70.5326), inclusive; and $71.00 to $71.98 (weighted average of $71.6302), inclusive; and $72.00 to 72.99 (weighted average of $72.5185), 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. |
F5 | The original RSU grant was for 125,000 shares on 7/15/2021. Subject to the Reporting Person's continuing service with the Company, the RSUs shall vest as follows: 25,000 shares shall vest on the first year anniversary of the Grant Date/Vesting Base Date; 25,000 shares shall vest on the second year anniversary of the Grant Date/Vesting Base Date; 25,000 shares shall vest on the third year anniversary of the Grant Date/Vesting Base Date; after the third anniversary of the Grant Date/Vesting Base Date, 6,250 shares shall vest on a quarterly basis thereafter, until fully vested. |