Shakoor Khan - Aug 8, 2024 Form 3 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Signature
/s/ Stacy E. Skelton, Attorney-in-Fact
Stock symbol
SKWD
Transactions as of
Aug 8, 2024
Transactions value $
$0
Form type
3
Date filed
8/9/2024, 04:15 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SKWD Common Stock 215 Aug 8, 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
holding SKWD 2024 LTIP - Common Stock Aug 8, 2024 Common Stock 997 $0.00 Direct F1, F2
holding SKWD 2024 LTIP - Performance Share Units Aug 8, 2024 Common Stock 997 $0.00 Direct F3
holding SKWD 2024 LTIP - Common Stock Aug 8, 2024 Common Stock 1.5K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, each Restricted Stock Unit ("RSU") settles for one share of the Company's Common Stock.
F2 Subject to the Reporting Person's continuous service through the vesting date, 100% of the RSUs shall vest on January 1, 2027.
F3 On February 27, 2024, the Reporting Person was granted 997 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, 2027.