Key facts
- This page summarizes Christopher Griffith's Form 4 filing for AMERICAN COASTAL INSURANCE Corp (ACIC).
- 10 reported transactions and 8 derivative rows are listed below.
- Accepted by SEC: 16 May 2024, 16:05.
Christopher Griffith - 14 May 2024 Form 4 Insider Report for AMERICAN COASTAL INSURANCE Corp (ACIC)
- Reporting relationship
- Chief Operating Officer
- Issuer ticker
- ACIC
- Reported as of
- 14 May 2024
- Net transaction value
- -$102,524
- SEC form
- 4
- Accepted by SEC
- 16 May 2024, 16:05:06 UTC
- Prior SEC filing
- 14 May 2024
- Next SEC filing
- 28 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Alexander Baty, Attorney-in-Fact for Christopher Griffith
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Christopher Griffith filed Form 4 for AMERICAN COASTAL INSURANCE Corp (ACIC) on 16 May 2024.
Change
- Previous filing in this sequence was filed on 14 May 2024.
- Current net transaction value: -$102,524.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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
- +27,944
- Change %
- +34%
- Price
- $0.000000
- Shares after
- 109,068
- Date
- 14 May 2024
- Ownership
- Direct
ACIC
transaction
Common Stock
Tax liability
- Transaction value
- $102,524
- Shares
- -8,383
- Change %
- -7.7%
- Price
- $12.23
- Shares after
- 100,685
- Date
- 14 May 2024
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ACIC
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +20,958
- Change %
- +65%
- Price
- $0.000000
- Shares after
- 53,310
- Date
- 14 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 20,958
- Exercise price
- Footnotes
- F1, F2, F3
ACIC
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +9,643
- Change %
- +18%
- Price
- $0.000000
- Shares after
- 62,953
- Date
- 14 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 9,643
- Exercise price
- Footnotes
- F1, F3, F4
ACIC
transaction
Derivative
Performance Stock Units
Award
- Transaction value
- $0
- Shares
- +41,917
- Change %
- +97%
- Price
- $0.000000
- Shares after
- 85,054
- Date
- 14 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 41,917
- Exercise price
- Footnotes
- F1, F2, F5, F6
ACIC
transaction
Derivative
Performance Stock Units
Award
- Transaction value
- $0
- Shares
- +19,286
- Change %
- +23%
- Price
- $0.000000
- Shares after
- 104,340
- Date
- 14 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 19,286
- Exercise price
- Footnotes
- F1, F4, F5, F6
ACIC
transaction
Derivative
Nonqualified Stock Options
Award
- Transaction value
- $0
- Shares
- +29,508
- Change %
- Price
- $0.000000
- Shares after
- 29,508
- Date
- 14 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 29,508
- Exercise price
- $4.33
- Footnotes
- F2, F7
ACIC
transaction
Derivative
Nonqualified Stock Options
Award
- Transaction value
- $0
- Shares
- +12,870
- Change %
- Price
- $0.000000
- Shares after
- 12,870
- Date
- 14 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 12,870
- Exercise price
- $10.37
- Footnotes
- F4, F7
ACIC
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -6,986
- Change %
- -11%
- Price
- $0.000000
- Shares after
- 55,967
- Date
- 14 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,986
- Exercise price
- Footnotes
- F1, F3
ACIC
transaction
Derivative
Performance Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -13,972
- Change %
- -13%
- Price
- $0.000000
- Shares after
- 90,368
- Date
- 14 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 13,972
- Exercise price
- Footnotes
- F1, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
Each stock unit represents a conditional right to receive one share of the company's common stock.
Footnote F2
Grant pursuant to the Amended and Restated American Coastal Insurance Corporation 2020 Omnibus Incentive Plan (the "Plan"), effective May 4, 2023, subject to the stockholder approval of the Plan. Stockholder approval of the Plan was obtained on May 14, 2024.
Footnote F3
The restricted stock units are subject to vesting over three years with one third, rounded to the nearest whole share of stock, vesting in each period.
Footnote F4
Grant pursuant to the Plan effective April 3, 2024, subject to stockholder approval of the Plan. Stockholder approval of the Plan was obtained on May 14, 2024.
Footnote F5
The performance units are subject to vesting over three years with one third, rounded to the nearest whole share of stock, vesting in each period.
Footnote F6
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 F7
Exercise of the nonqualified award is subject to vesting over three years with one third, rounded down to the nearest whole share of stock, becoming exercisable in each period.