Uchida T. Christopher - 21 Jun 2023 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Role: Chief Financial Officer
Signature: /s/ Angela Grant, Attorney-in-Fact
Issuer symbol: PLMR
Transactions as of: 21 Jun 2023
Net transactions value: -$43,100
Form type: 4
Filing time: 21 Jun 2023, 20:11:00 UTC
Previous filing: 01 Jun 2023
Next filing: 22 Sep 2023
SEC: View on sec.gov

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	21 Jun 2023	Direct	F2
transaction	PLMR	Common Stock	Sale	$58,100	-1,000	-3.8%	$58.10	25,108	21 Jun 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	-7.1%	$0.000000	13,156	21 Jun 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.