Mac Armstrong - 01 Jan 2024 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Signature
/s/ Angela Grant, Attorney-in-Fact
Issuer symbol
PLMR
Transactions as of
01 Jan 2024
Transactions value $
-$100,086
Form type
4
Filing time
03 Jan 2024, 18:41:29 UTC
Previous filing
22 Sep 2023
Next filing
30 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLMR Common Stock (PSUs) Options Exercise $0 +4,611 +12.73% $0 40,831 01 Jan 2024 Direct F1, F2, F3
transaction PLMR Common Stock (PSUs) Sale -$70,376 -1,291 -3.16% $54.51 39,540 01 Jan 2024 Direct F1, F4
transaction PLMR Common Stock (PSUs) Sale -$29,710 -545 -1.38% $54.51 38,995 01 Jan 2024 Direct F1, F4
holding PLMR Common Stock 489,388 01 Jan 2024 By Armstrong Family Trust
holding PLMR Common Stock 36,220 01 Jan 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,023 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
F2 Represents the date on which previously granted performance stock unit ("PSU") awards were determined to be vested based on the grantee completing the required service period.
F3 Represents the number of shares of common stock determined to have been earned and vested from a previously granted PSU award. The PSU award was granted on 1/27/2021 and the number of shares that vested was based on achievement of certain company financial performance criteria and the grantee completing the required service period through 1/1/2024.
F4 Represents shares automatically sold by the Company on behalf of the Reporting Person pursuant to a mandatory sell-to-cover provision in the PSU award agreement required to cover minimum statutory tax withholding obligations that became due upon the PSU vesting event.