Jon Christianson - 08 Sep 2023 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Role
President
Signature
/s/ Angela Grant, Attorney-in-Fact
Issuer symbol
PLMR
Transactions as of
08 Sep 2023
Net transactions value
-$7,639
Form type
4
Filing time
22 Sep 2023, 17:38:44 UTC
Previous filing
27 Jun 2023
Next filing
15 Nov 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 (RSUs) Options Exercise $0 +430 +0.56% $0.000000 77,036 08 Sep 2023 Direct F2
transaction PLMR Common Stock (RSUs) Tax liability $7,639 -149 -0.19% $51.27 76,887 08 Sep 2023 Direct F1, F2
holding PLMR Common Stock 76,606 08 Sep 2023 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 Restricted Stock Units Options Exercise $0 -430 -100% $0.000000* 0 08 Sep 2023 Common Stock 430 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes 1,781 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
F3 The original RSU grant was for 1,291 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.