Burkhart John A III 4
4 · Skyward Specialty Insurance Group, Inc. · Filed Feb 29, 2024
Insider Transaction Report
Form 4
Burkhart John A III
President, US P&C, Skyward Grp
Transactions
- Exercise/Conversion
Common Stock
2024-02-29+5,689→ 16,917 total - Tax Payment
Common Stock
2024-02-29$36.47/sh−2,125$77,499→ 14,792 total - Award
2024 LTIP - Common Stock
2024-02-27+3,490→ 3,490 total→ Common Stock (3,490 underlying) - Award
2024 LTIP - Performance Share Units
2024-02-27+3,490→ 3,490 total→ Common Stock (3,490 underlying) - Exercise/Conversion
2021 LTIP - Performance Share Units
2024-02-29−5,689→ 0 total→ Common Stock (5,689 underlying)
Footnotes (4)
- [F1]Upon vesting, each Performance Share Unit ("PSU") settles for one share of the Company's common stock.
- [F2]Upon vesting, each Restricted Stock Unit ("RSU") settles for one share of the Company's common stock.
- [F3]Subject to the reporting person's continuous service through the vesting date, 100% of the RSUs shall vest on January 1, 2027.
- [F4]On February 27, 2024, the reporting person was granted 3,490 PSUs. Each PSU is equivalent to one share of the Company's common stock. The number of units subject to vest under this award can range from 0% to 150% of the amount shown based on the satisfaction of performance condition targets during the requisite service period. This award fully vests on January 1, 2027.