Jon Christianson - Feb 18, 2025 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Role
President
Signature
/s/ Angela Grant, Attorney-in-Fact
Stock symbol
PLMR
Transactions as of
Feb 18, 2025
Transactions value $
-$45,358
Form type
4
Date filed
2/20/2025, 04:15 PM
Previous filing
Feb 4, 2025
Next filing
Mar 17, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLMR Common Stock (RSUs) Options Exercise $0 +1.02K +1.78% $0.00 58.3K Feb 18, 2025 Direct F2
transaction PLMR Common Stock (RSUs) Sale -$45.4K -368 -0.63% $123.26 57.9K Feb 18, 2025 Direct F1, F2
holding PLMR Common Stock 57.3K Feb 18, 2025 Direct F2

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 Restricted Stock Units (RSUs) Options Exercise $0 -1.02K -12.5% $0.00 7.14K Feb 18, 2025 Common Stock 1.02K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares automatically sold by the Company on behalf of the Reporting Person pursuant to a mandatory sell-to-cover provision in the RSU award agreement required to cover minimum statutory tax withholding obligations that became due upon the RSU vesting event.
F2 Includes 2,186 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
F3 The original RSU grant was for 20,396 shares on 11/18/2021. Subject to continuing service with the Company, the restricted stock units shall vest as follows: 4,079 units shall vest on the first year anniversary of the date of the grant; 4,079 units shall vest on the second year anniversary of the date of the grant; 4,078 units shall vest on the third year anniversary of the date of grant; and 1,020 units shall vest quarterly following the third anniversary date of the grant.