James Charles Hays - Jan 12, 2023 Form 4 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Role
Director
Signature
/s/ Stacy E. Skelton, Attorney-in-Fact
Stock symbol
SKWD
Transactions as of
Jan 12, 2023
Transactions value $
$0
Form type
4
Date filed
1/17/2023, 03:20 PM
Previous filing
May 6, 2022
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKWD Common Stock Conversion of derivative security +2.18M 2.18M Jan 12, 2023 JWayne, LLC F1, F2
transaction SKWD Common Stock Conversion of derivative security +383K +90.67% 806K Jan 12, 2023 Marquis Lafayette, LLC F2, F3
holding SKWD Common Stock 23.6K Jan 12, 2023 Direct F4

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 SKWD Preferred Series A Stock Conversion of derivative security -263K -100% 0 Jan 12, 2023 Preferred Series A Stock 263K JWayne, LLC F1
transaction SKWD Preferred Series A Stock Conversion of derivative security -46.3K -100% 0 Jan 12, 2023 Preferred Series A Stock 46.3K Marquis Lafayette, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting entity owned 262,842.919 shares of the Company's Preferred Series A Stock, which converted to 2,175,851 shares of Common Stock upon the consummation of the Company's IPO.
F2 The reporting person is the controlling member of the entity.
F3 The reporting entity owned 46,289.620 shares of the Company's Preferred Series A Stock, which converted to 383,192 shares of Common Stock upon the consummation of the IPO.
F4 On January 1, 2021, the reporting person was granted a Restricted Stock Award in the amount of 7,582 shares of common stock. This award will fully vest on January 1, 2024. Also includes a Restricted Stock Award in the amount of 8,450 shares of common stock granted on January 1, 2021. This award will fully vest on January 1, 2024.