Morries Britt 4
4 · Palomar Holdings, Inc. · Filed Jan 29, 2021
Insider Transaction Report
Form 4
Morries Britt
Chief Operating Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2021-01-27+790→ 790 totalExercise: $97.87Exp: 2031-01-27→ Common Stock (790 underlying) - Award
Restricted Stock Units
2021-01-27+618→ 618 total→ Common Stock (618 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 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, 618 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.