Megan Jane Graves - 26 Feb 2025 Form 4 Insider Report for Hamilton Insurance Group, Ltd. (HG)

Role: CEO, Hamilton Re
Signature: /s/ Gemma Carreiro, Attorney-in-Fact
Issuer symbol: HG
Transactions as of: 26 Feb 2025
Net transactions value: $0
Form type: 4
Filing time: 28 Feb 2025, 21:46:53 UTC
Previous filing: 03 Jan 2025
Next filing: 18 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HG	Class B Common Shares	Award	$0	+29,319	+13%	$0.000000	248,355	26 Feb 2025	Direct	F1
transaction	HG	Class B Common Shares	Award	$0	+34,575	+14%	$0.000000	282,930	26 Feb 2025	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported transaction involved the reporting person's receipt of a grant of 29,319 restricted stock units ("RSUs") under the Hamilton Insurance Group, Ltd. ("HG") Equity Incentive Plan which vest one third per year on March 1, 2026, 2027 and 2028 respectively. Each RSU represents a contingent right to receive one share of HG Class B Common Shares upon vesting. The total reported in Column 5 includes the 29,319 newly awarded and unvested RSUs, 76,437 unvested RSUs previously reported in Table I and Table II and 142,599 Common Shares.
F2	Represents shares acquired upon the certification by HG for the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") previously granted to the reporting person under the terms of the HG Equity Incentive Plan. The reporting person's PSUs are earned based on the HG annualized underwriting return on capital for the 3-year performance period ending on December 31, 2024. HG confirmed the annualized underwriting return on capital for the 3-year performance period ending on December 31, 2024, was 6.1%, resulting in a performance payout at 146.4% of target.

Content

The reported transaction involved the reporting person's receipt of a grant of 29,319 restricted stock units ("RSUs") under the Hamilton Insurance Group, Ltd. ("HG") Equity Incentive Plan which vest one third per year on March 1, 2026, 2027 and 2028 respectively. Each RSU represents a contingent right to receive one share of HG Class B Common Shares upon vesting. The total reported in Column 5 includes the 29,319 newly awarded and unvested RSUs, 76,437 unvested RSUs previously reported in Table I and Table II and 142,599 Common Shares.

Represents shares acquired upon the certification by HG for the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") previously granted to the reporting person under the terms of the HG Equity Incentive Plan. The reporting person's PSUs are earned based on the HG annualized underwriting return on capital for the 3-year performance period ending on December 31, 2024. HG confirmed the annualized underwriting return on capital for the 3-year performance period ending on December 31, 2024, was 6.1%, resulting in a performance payout at 146.4% of target.