Uchida T. Christopher - 15 Mar 2023 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Signature
/s/ Angela Grant, Attorney-in-Fact
Issuer symbol
PLMR
Transactions as of
15 Mar 2023
Net transactions value
-$40,000
Form type
4
Filing time
17 Mar 2023, 18:17:21 UTC
Previous filing
17 Feb 2023
Next filing
01 Jun 2023

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% $15.00 26,108 15 Mar 2023 Direct F2
transaction PLMR Common Stock Sale $55,000 -1,000 -3.8% $55.00 25,108 15 Mar 2023 Direct F1, 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 -5.8% $0.000000 16,156 15 Mar 2023 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.