Thomas N. Schmitt - 12 Jan 2023 Form 3 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Role
CHIEF PEOPLE & ADMIN. OFFICER
Signature
/s/ Stacy E. Skelton, Attorney-in-Fact
Issuer symbol
SKWD
Transactions as of
12 Jan 2023
Net transactions value
$0
Form type
3
Filing time
12 Jan 2023, 16:35:49 UTC
Next filing
01 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SKWD Common Stock 3,799 12 Jan 2023 Direct F1

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
holding SKWD 2021 LTIP - Common Stock 12 Jan 2023 Common Stock 5,281 Direct F2
holding SKWD 2021 LTIP - Performance Share Units 12 Jan 2023 Common Stock 5,281 Direct F3
holding SKWD 2022 LTIP - Performance Share Units 12 Jan 2023 Common Stock 3,799 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 1, 2022, the reporting person was granted a Restricted Stock Award in the amount of 3,799 shares. Each share is equivalent to one share of the Company's common stock. This award fully vests on January 1, 2025.
F2 On January 1, 2021, the reporting person was granted 5,281 Restricted Stock Units ("RSUs"). Upon vesting, each unit is equivalent to one share of the Company's common stock. This award fully vests on January 1, 2024.
F3 On January 1, 2021, the reporting person was awarded 5,281 Performance Share Units ("PSUs"). Each PSU is equivalent to one share of the Company's common stock. The number of units subject to vest under this award can range from 0% to 150% of the amount shown based on the satisfaction of performance condition targets during the requisite service period. This award fully vests on January 1, 2024.
F4 On January 1, 2022, the reporting person was awarded 3,799 PSUs. Each PSU is equivalent to one share of the Company's common stock. The number of units subject to vest under this award can range from 0% to 150% of the amount shown based on the satisfaction of performance condition targets during the requisite service period. This award fully vests on January 1, 2025.