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

Role: Chief Legal Officer
Signature: /s/ Angela Grant
Stock symbol: PLMR
Transactions as of: Jan 31, 2024
Transactions value $: -$15,153
Form type: 4
Date filed: 2/2/2024, 07:40 PM
Previous filing: Jan 30, 2024
Next filing: Mar 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLMR	Common Stock (RSUs)	Options Exercise	$0	+713	+45.62%	$0.00	2.28K	Jan 31, 2024	Direct
transaction	PLMR	Common Stock (RSUs)	Sale	-$15.2K	-256	-11.25%	$59.19	2.02K	Jan 31, 2024	Direct	F1
holding	PLMR	Common Stock						1.56K	Jan 31, 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	-33.35%	$0.00	1.43K	Jan 31, 2024	Common Stock	713	$0.00	Direct	F2
transaction	PLMR	Restricted Stock Units (RSUs)	Award	$0	+2.14K		$0.00	2.14K	Jan 31, 2023	Common Stock	2.14K	$0.00	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.