James Andy Gray - 14 May 2024 Form 4/A - Amendment Insider Report for AMERICAN COASTAL INSURANCE Corp (ACIC)

Role
Chief Compliance/Risk Officer
Signature
/s/ Alexander Baty, Attorney-in-Fact for James Gray
Issuer symbol
ACIC
Transactions as of
14 May 2024
Net transactions value
$0
Form type
4/A - Amendment
Filing time
08 Apr 2025, 16:24:27 UTC
Date Of Original Report
15 May 2024
Previous filing
26 Feb 2024
Next filing
17 Jan 2025
SEC
View on sec.gov

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 Award $0 +8,848 $0.000000 8,848 14 May 2024 Common Stock 8,848 $10.37 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant pursuant to the Amended and Restated American Coastal Insurance Corporation 2020 Omnibus Incentive Plan, effective April 3, 2024, subject to the stockholder approval of the Plan. Stockholder approval of the Plan was obtained on May 14, 2024.
F2 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.
F3 This amendment is being filed to address an error in reporting the expiration date of stock options granted to the reporting person.
F4 The number of derivative securities beneficially owned following reported transaction(s) was previously reported as 13,259, inconsistent with the securities granted.