Chase M. Clark - Aug 8, 2024 Form 3 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Role
SENIOR VICE PRESIDENT
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, 04:17 PM

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 2022 LTIP - Common Stock Aug 8, 2024 Common Stock 1.88K $0.00 Direct F1, F2
holding SKWD 2023 LTIP - Common Stock Aug 8, 2024 Common Stock 1.26K $0.00 Direct F1, F3
holding SKWD 2023 LTIP - Performance Share Units Aug 8, 2024 Common Stock 1.26K $0.00 Direct F4
holding SKWD 2023 RSU Grant (3-Year) Aug 8, 2024 Common Stock 5K $0.00 Direct F1, F5
holding SKWD 2023 RSU Grant (4-Year) Aug 8, 2024 Common Stock 5K $0.00 Direct F6
holding SKWD 2024 LTIP - Common Stock Aug 8, 2024 Common Stock 747 $0.00 Direct F1, F7
holding SKWD 2024 LTIP - Performance Share Units Aug 8, 2024 Common Stock 747 $0.00 Direct F8
* 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 Common Stock.
F2 Subject to the Reporting Person's continuous service through the vesting date, 100% of the RSUs shall vest on January 1, 2025.
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 1,262 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.
F5 Subject to the Reporting Person's continuous service through each vesting date, 50% of the RSUs shall vest on January 12, 2025 and the remaining 50% shall vest on January 12, 2026.
F6 Subject to the Reporting Person's continuous service through each vesting date, 50% of the RSUs shall vest on January 12, 2026 and the remaining 50% shall vest on January 12, 2027.
F7 Subject to the Reporting Person's continuous service through the vesting date, 100% of the RSUs shall vest on January 1, 2027.
F8 On February 27, 2024, the Reporting Person was granted 747 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.