Christopher Griffith - 27 May 2024 Form 4 Insider Report for AMERICAN COASTAL INSURANCE Corp (ACIC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
28 May 2024, 16:07:17 UTC
Prior SEC filing
16 May 2024
Next SEC filing
26 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
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 28 May 2024.

Key facts

  • This page summarizes Christopher Griffith's Form 4 filing for AMERICAN COASTAL INSURANCE Corp (ACIC).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 28 May 2024, 16:07.

Change

  • Previous filing in this sequence was filed on 16 May 2024.
  • Current net transaction value: -$175,436.

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
+48,530
Change %
+48%
Price
$0.000000
Shares after
149,215
Date
27 May 2024
Ownership
Direct
ACIC transaction

Common Stock

Tax liability

Transaction value
$175,436
Shares
-14,559
Change %
-9.8%
Price
$12.05
Shares after
134,656
Date
27 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

Options Exercise

Transaction value
$0
Shares
-16,176
Change %
-29%
Price
$0.000000
Shares after
39,791
Date
27 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
16,176
Exercise price
Footnotes
F1, F2
ACIC transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
$0
Shares
-21,569
Change %
-24%
Price
$0.000000
Shares after
68,799
Date
27 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
21,569
Exercise price
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 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 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 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.

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