Chase M. Clark - 08 Aug 2024 Form 4 Insider Report for Skyward Specialty Insurance Group, Inc. (SKWD)

Role
SENIOR VICE PRESIDENT
Signature
/s/ Stacy E. Skelton, Attorney-in-Fact
Issuer symbol
SKWD
Transactions as of
08 Aug 2024
Net transactions value
$0
Form type
4
Filing time
09 Aug 2024, 16:19:17 UTC
Next filing
27 Feb 2025
SEC
View on sec.gov

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 2024 LTIP - Common Stock Award $0 +216 $0.000000 216 08 Aug 2024 Common Stock 216 Direct F1, F2
transaction SKWD 2024 LTIP - Performance Share Units Award $0 +216 $0.000000 216 08 Aug 2024 Common Stock 216 Direct F3
* 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 August 8, 2024, the Reporting Person was granted 216 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.