Christopher Griffith - Aug 12, 2024 Form 4 Insider Report for AMERICAN COASTAL INSURANCE Corp (ACIC)

Signature
/s/ Alexander Baty, Attorney-in-Fact for Christopher Griffith
Stock symbol
ACIC
Transactions as of
Aug 12, 2024
Transactions value $
-$261,881
Form type
4
Date filed
8/14/2024, 04:06 PM
Previous filing
Jun 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACIC Common Stock Options Exercise $121K +35K +25.99% $3.46 170K Aug 12, 2024 Direct
transaction ACIC Common Stock Sale -$383K -35K -20.63% $10.94 135K Aug 12, 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 -35K -38.89% $0.00 55K Aug 12, 2024 Common Stock 35K $3.46 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.