Frank D'Orazio - Mar 2, 2022 Form 4 Insider Report for James River Group Holdings, Ltd. (JRVR)

Role: Chief Executive Officer, Director
Signature: /s/ Frank N. D'Orazio
Stock symbol: JRVR
Transactions as of: Mar 2, 2022
Transactions value $: $1,031,865
Form type: 4
Date filed: 3/3/2022, 06:28 PM
Previous filing: Nov 3, 2021
Next filing: Nov 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JRVR	Common Shares	Award	$0	+62.2K	+110.83%	$0.00	118K	Mar 2, 2022	Direct	F1
transaction	JRVR	Common Shares	Purchase	$1.03M	+50K	+42.26%	$20.64	168K	Mar 3, 2022	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Grant of restricted share units (payable solely in common shares of the Issuer on each vesting date), vesting in three equal annual installments on March 2 of each of the years 2023 through 2025.
F2	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.08 to $20.96, inclusive. The reporting person undertakes to provide to James River Group Holdings, Ltd. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Content

Grant of restricted share units (payable solely in common shares of the Issuer on each vesting date), vesting in three equal annual installments on March 2 of each of the years 2023 through 2025.

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.08 to $20.96, inclusive. The reporting person undertakes to provide to James River Group Holdings, Ltd. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.