Brad Martz - Apr 3, 2025 Form 4 Insider Report for AMERICAN COASTAL INSURANCE Corp (ACIC)

Role
President
Signature
/s/ Alexander Baty, Attorney-in-Fact for Brad Martz
Stock symbol
ACIC
Transactions as of
Apr 3, 2025
Transactions value $
-$139,390
Form type
4
Date filed
4/7/2025, 04:06 PM
Previous 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 ACIC Common Stock Options Exercise $0 +24.3K +8.71% $0.00 303K Apr 3, 2025 Direct F1
transaction ACIC Common Stock Tax liability -$131K -11.8K -3.89% $11.08 291K Apr 3, 2025 Direct F1

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 ACIC Performance Stock Units Options Exercise $0 -11.7K -9.32% $0.00 113K Apr 3, 2025 Common Stock 11.7K Direct F2, F3, F4
transaction ACIC Restricted Stock Units Options Exercise $0 -5.83K -8.06% $0.00 66.5K Apr 3, 2025 Common Stock 5.83K Direct F2, F5, F6
transaction ACIC Dividend Equivalent Units Options Exercise -$2.92K -246 -8.07% $11.85 2.8K Apr 3, 2025 Common Stock 246 Direct F2, F6, F7
transaction ACIC Dividend Equivalent Units Options Exercise -$5.83K -492 -9.33% $11.85 4.78K Apr 3, 2025 Common Stock 492 Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held in the name of Bennett B. Martz IRA
F2 Each stock unit represents a conditional right to receive one share of the company's common stock.
F3 The performance units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period.
F4 The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors. Depending on actual performance, the number of shares of common stock delivered upon the vesting date (based on the terms outlined in the respective award agreement) can range from 0% to 150% of the number presented above.
F5 The restricted stock units are subject to vesting over three years with one third, rounded down to the nearest whole share of stock, vesting in each period.
F6 3,050 Dividend Equivalent Units previously reported as Restricted Stock Units, based on the underlying unit they related to. Reclassified as Dividend Equivalent Units to enhance visibility.
F7 The dividend equivalent units will vest proportionately with the underlying restricted stock units to which they relate.
F8 The dividend equivalent units will vest proportionately with the underlying performance stock units to which they relate.