Brad Martz - Aug 16, 2024 Form 4 Insider Report for AMERICAN COASTAL INSURANCE Corp (ACIC)

Role
President
Signature
/s/ Alexander Baty, Attorney-in-Fact for Brad Martz
Stock symbol
ACIC
Transactions as of
Aug 16, 2024
Transactions value $
-$247,983
Form type
4
Date filed
8/19/2024, 04:54 PM
Previous filing
May 28, 2024
Next filing
Aug 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACIC Common Stock Options Exercise $42.5K +25K +8.8% $1.70 309K Aug 16, 2024 Direct
transaction ACIC Common Stock Sale -$290K -25K -8.09% $11.62 284K Aug 16, 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 -25K -14.29% $0.00 150K Aug 16, 2024 Common Stock 25K $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.