Angela L. Grant - 31 Jan 2024 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Role: Chief Legal Officer
Signature: /s/ Angela Grant
Issuer symbol: PLMR
Transactions as of: 31 Jan 2024
Net transactions value: -$15,153
Form type: 4
Filing time: 02 Feb 2024, 19:40:45 UTC
Previous filing: 30 Jan 2024
Next filing: 05 Mar 2024
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	+713	+46%	$0.000000	2,276	31 Jan 2024	Direct
transaction	PLMR	Common Stock (RSUs)	Sale	$15,153	-256	-11%	$59.19	2,020	31 Jan 2024	Direct	F1
holding	PLMR	Common Stock						1,563	31 Jan 2024	Direct

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 (RSUs)	Options Exercise	$0	-713	-33%	$0.000000	1,425	31 Jan 2024	Common Stock	713	$0.000000	Direct	F2
transaction	PLMR	Restricted Stock Units (RSUs)	Award	$0	+2,138		$0.000000	2,138	31 Jan 2023	Common Stock	2,138	$0.000000	Direct	F2

* 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	The original RSU grant was for 2,138 shares on 1/31/2023. 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.

Content

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.

The original RSU grant was for 2,138 shares on 1/31/2023. 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.