Mac Armstrong - Jan 1, 2025 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Signature
/s/ Angela Grant, Attorney-in-Fact
Stock symbol
PLMR
Transactions as of
Jan 1, 2025
Transactions value $
-$441,436
Form type
4
Date filed
1/3/2025, 08:01 PM
Previous filing
Dec 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLMR Common Stock (PSUs) Options Exercise $0 +10.8K +21.45% $0.00 61.1K Jan 1, 2025 Direct F1, F2, F3
transaction PLMR Common Stock (PSUs) Sale -$441K -4.17K -6.82% $105.86 56.9K Jan 1, 2025 Direct F1, F4
holding PLMR Common Stock 419K Jan 1, 2025 By Armstrong Family Trust
holding PLMR Common Stock 50.3K Jan 1, 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,023 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
F2 Represents the date on which previously granted performance stock unit ("PSU") awards were determined to be vested based on the grantee completing the required service period.
F3 Represents the number of shares of common stock determined to have been earned and vested from a previously granted PSU award. The PSU award was granted on 1/26/2022 and the number of shares that vested was based on achievement of certain company financial performance criteria and the grantee completing the required service period through 1/1/2025.
F4 Represents shares automatically sold by the Company on behalf of the Reporting Person pursuant to a mandatory sell-to-cover provision in the PSU award agreement required to cover minimum statutory tax withholding obligations that became due upon the PSU vesting event.