Morries Britt 4
4 · Palomar Holdings, Inc. · Filed Sep 10, 2020
Insider Transaction Report
Form 4
Morries Britt
Chief Operating Officer
Transactions
- Award
Employee Stock Options (right to buy)
2020-09-08+976→ 976 totalExercise: $98.95Exp: 2030-09-08→ Common Stock (976 underlying) - Award
Restricted Stock Units
2020-09-08+366→ 366 totalExercise: $0.00→ Common Stock (366 underlying)
Holdings
- 11,051
Common Stock
Footnotes (4)
- [F1]Includes 494 shares of Common Stock purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
- [F2]Subject to continuing service with the Company, the option shall vest as follows: twenty-five percent (25%) shall vest on the first year anniversary of the date of the grant and the remaining shall vest in equal monthly installments over the subsequent thirty-six (36) month period.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Palomar Holdings, Inc. Common Stock.
- [F4]Subject to continuing service with the Company, the restricted stock units shall vest as follows: one-third (1/3) shall vest on the first year anniversary of the date of the grant; an additional one-third (1/3) shall vest on the second year anniversary of the date of the grant; and the final one-third (1/3) shall vest on the third year anniversary of the date of grant.