Mac Armstrong - 26 Jan 2022 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Role
CEO and Chairman, Director
Signature
/s/ Christopher Uchida, Attorney-in-Fact
Issuer symbol
PLMR
Transactions as of
26 Jan 2022
Transactions value $
$0
Form type
4
Filing time
28 Jan 2022, 18:38:30 UTC
Previous filing
19 Nov 2021
Next filing
31 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PLMR Common Stock 1,945 26 Jan 2022 Direct F1
holding PLMR Common Stock 695,388 26 Jan 2022 By Armstrong Family Trust

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 PLMR Employee Stock Option (right to buy) Award $0 +13,464 $0 13,464 26 Jan 2022 Common Stock 13,464 $49.53 Direct F2
transaction PLMR Restricted Stock Units Award $0 +16,193 $0 16,193 26 Jan 2022 Common Stock 16,193 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,337 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
F2 Subject to such person's continuing service with the Company, the options shall vest as follows: 25% shall vest on the first year anniversary of the Grant Date/Vesting Base Date with the remaining shares vesting in equal monthly installments over the subsequent twenty-four (24) month period.
F3 Each restricted stock unit represents a contingent right to receive one share of Palomar Holdings, Inc. common stock.
F4 Subject to such person's continuing service with the Company, restricted stock units shall vest as follows: 33 1/3% shares shall vest on the first year anniversary of the Grant Date/Vesting Base Date; 33 1/3% shares shall vest on the second year anniversary of the Grant Date/Vesting Base Date; and 33 1/3% shares shall vest on the third year anniversary of the Grant Date/Vesting Base Date.