Christopher Griffith - 25 Jun 2024 Form 4 Insider Report for AMERICAN COASTAL INSURANCE Corp (ACIC)

Signature
/s/ Alexander Baty, Attorney-in-Fact for Christopher Griffith
Issuer symbol
ACIC
Transactions as of
25 Jun 2024
Net transactions value
-$307,650
Form type
4
Filing time
26 Jun 2024, 17:10:28 UTC
Previous filing
28 May 2024
Next filing
14 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACIC Common Stock Options Exercise $59,500 +35,000 +26% $1.70 169,656 25 Jun 2024 Direct
transaction ACIC Common Stock Sale $367,150 -35,000 -21% $10.49 134,656 25 Jun 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 ACIC Nonqualified Stock Options Options Exercise $0 -35,000 -36% $0.000000 61,221 25 Jun 2024 Common Stock 35,000 $1.70 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.