Adler Brooke 4
4 · AMERICAN COASTAL INSURANCE Corp · Filed May 9, 2025
Insider Transaction Report
Form 4
Adler Brooke
Secretary
Transactions
- Award
Restricted Stock Units
2025-05-07+7,900→ 31,073 total→ Common Stock (7,900 underlying) - Award
Performance Stock Units
2025-05-07+15,800→ 53,975 total→ Common Stock (15,800 underlying) - Award
Nonqualified Stock Options
2025-05-07+10,492→ 10,492 totalExercise: $11.63Exp: 2035-05-07→ Common Stock (10,492 underlying)
Footnotes (5)
- [F1]Each stock unit represents a conditional right to receive one share of the company's common stock.
- [F2]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.
- [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]Exercise of the nonqualified award is subject to vesting over three years with one third, rounded down to the nearest whole share of stock, becoming exercisable in each period.