Christopher Griffith - 23 Apr 2024 Form 4 Insider Report for AMERICAN COASTAL INSURANCE Corp (ACIC)

Reporting relationship: Chief Operating Officer
Issuer ticker: ACIC
Reported as of: 23 Apr 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 14 May 2024, 16:22:38 UTC
Prior SEC filing: 30 May 2023
Next SEC filing: 16 May 2024
Source filing: View source filing
Reporting owner signature: /s/ Alexander Baty, Attorney-in-Fact for Christopher Griffith

Key filing fact

Christopher Griffith filed Form 4 for AMERICAN COASTAL INSURANCE Corp (ACIC) on 14 May 2024.

Key facts

This page summarizes Christopher Griffith's Form 4 filing for AMERICAN COASTAL INSURANCE Corp (ACIC).
5 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 14 May 2024, 16:22.

Change

Previous filing in this sequence was filed on 30 May 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ACIC transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +8,578
Change %: +12%
Price: $0.000000
Shares after: 81,124
Date: 23 Apr 2024
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ACIC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -2,028
Change %: -5.9%
Price: $0.000000
Shares after: 32,352
Date: 23 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,028
Exercise price
Footnotes: F1, F2

ACIC transaction Derivative

Performance Stock Units

Options Exercise

Transaction value: $0
Shares: -4,057
Change %: -8.6%
Price: $0.000000
Shares after: 43,137
Date: 23 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,057
Exercise price
Footnotes: F1, F3, F4

ACIC transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value: $0
Shares: -115
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 23 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 115
Exercise price
Footnotes: F1, F5

ACIC transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value: $0
Shares: -232
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 23 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 232
Exercise price
Footnotes: F1, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Each stock unit represents a conditional right to receive one share of the company's common stock.

Footnote F2

The restricted stock units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period.

Footnote F3

The performance units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period.

Footnote F4

The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors. Depending on actual performance, the number of shares of common stock delivered upon the vesting date (based on the terms outlined in the respective award agreement) can range from 0% to 150% of the number presented above.

Footnote F5

The dividend equivalent units will vest proportionately with the underlying restricted stock or performance-based stock units to which they relate.