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

Role: Chief Operating Officer
Signature: /s/ Alexander Baty, Attorney-in-Fact for Christopher Griffith
Issuer symbol: ACIC
Transactions as of: 12 Aug 2024
Net transactions value: -$261,880
Form type: 4
Filing time: 14 Aug 2024, 16:06:55 UTC
Previous filing: 26 Jun 2024
Next filing: 17 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACIC	Common Stock	Options Exercise	$121,100	+35,000	+26%	$3.46	169,656	12 Aug 2024	Direct
transaction	ACIC	Common Stock	Sale	$382,980	-35,000	-21%	$10.94	134,656	12 Aug 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	-39%	$0.000000	55,000	12 Aug 2024	Common Stock	35,000	$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.