William Bold - Sep 8, 2022 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Role: Chief Strategy Officer
Signature: /s/ Angela Grant, Attorney-in-Fact
Stock symbol: PLMR
Transactions as of: Sep 8, 2022
Transactions value $: -$39,968
Form type: 4
Date filed: 9/12/2022, 08:32 PM
Previous filing: Jan 31, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLMR	Common Stock	Sale	-$21.6K	-237	-29.59%	$90.93	564	Sep 10, 2021	Direct	F1, F3
transaction	PLMR	Common Stock	Sale	-$7.52K	-144	-25.53%	$52.21	420	Jan 31, 2022	Direct	F1, F3
transaction	PLMR	Common Stock (RSUs)	Options Exercise	$0	+363	+86.43%	$0.00	783	Sep 8, 2022	Direct	F3
transaction	PLMR	Common Stock (RSUs)	Tax liability	-$10.9K	-130	-16.6%	$83.84	653	Sep 8, 2022	Direct	F2, F3
holding	PLMR	Common Stock						801	Sep 8, 2022	Direct	F3

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	Restricted Stock Units	Options Exercise	$0	-363	-49.93%	$0.00	364	Sep 8, 2022	Common Stock	363	$0.00	Direct	F4

* 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	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	Includes 420 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
F4	The original RSU grant was for 1,091 shares on 9/8/2020. Subject to continuing service with the Company, the restricted stock units shall vest as follows: one-third (1/3) shall vest on the first year anniversary of the date of the grant; an additional one-third (1/3) shall vest on the second year anniversary of the date of the grant; and the final one-third (1/3) shall vest on the third year anniversary of the date of grant.