Sean W. Duffy - Feb 27, 2023 Form 4 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Role
EVP & CHIEF CLAIMS OFFICER
Signature
/s/ Stacy E. Skelton, Attorney-in-Fact
Stock symbol
SKWD
Transactions as of
Feb 27, 2023
Transactions value $
$0
Form type
4
Date filed
3/1/2023, 03:16 PM
Previous filing
Jan 12, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SKWD Common Stock 4.31K Feb 27, 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
transaction SKWD 2023 LTIP - Common Stock Award $0 +2.86K $0.00 2.86K Feb 27, 2023 Common Stock 2.86K Direct F2, F3
transaction SKWD 2023 LTIP - Performance Share Units Award $0 +2.86K $0.00 2.86K Feb 27, 2023 Common Stock 2.86K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes a Restricted Stock Award granted on January 1, 2022 in the amount of 4,305 shares. Each share is equivalent to one share of the Company's common stock. This award fully vests on January 1, 2025.
F2 Upon vesting, each Restricted Stock Unit ("RSU") settles for one share of Common Stock.
F3 Subject to the reporting person's continuous service through the vesting date, 100% of the RSUs shall vest on January 1, 2026.
F4 On February 27, 2023, the reporting person was granted 2,861 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, 2026.