Uchida T Christopher - 16 Nov 2022 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Signature
/s/ Angela Grant, Attorney-in-Fact
Issuer symbol
PLMR
Transactions as of
16 Nov 2022
Net transactions value
-$49,910
Form type
4
Filing time
18 Nov 2022, 15:32:50 UTC
Previous filing
21 Oct 2022
Next filing
22 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLMR Common Stock Options Exercise $15,000 +1,000 +4.9% $15.00 21,374 16 Nov 2022 Direct F2
transaction PLMR Common Stock Sale $64,910 -1,000 -4.7% $64.91 20,374 16 Nov 2022 Direct F1, F2
holding PLMR Common Stock 20,374 16 Nov 2022 Direct F2

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) Options Exercise $0 -1,000 -5% $0.000000 19,156 16 Nov 2022 Common Stock 1,000 $15.00 Direct F3
* 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 Includes 1,666 shares of Common Stock purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
F3 Fifty percent (50%) of the option shares vest and become exercisable on April 16, 2020 and the remaining option shares vest and become exercisable in twelve (12) equal monthly installments thereafter.