Palomar Holdings, Inc. — Director's Dealing 2021

Feb 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Palomar Holdings, Inc. (PLMR)
CIK: 0001761312
Period of Report: 2021-02-03

Reporting Person: Fisher Heath A (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-03	Common Stock	M	12500	$15.00	Acquired	12500	Direct
2021-02-03	Common Stock	S	2842	$109.1319	Disposed	9658	Direct
2021-02-03	Common Stock	S	7206	$109.9414	Disposed	2452	Direct
2021-02-03	Common Stock	S	2089	$110.8565	Disposed	363	Direct
2021-02-03	Common Stock	S	363	$111.7618	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-03	Employee Stock Option (Right to Buy)	$15.00	M	12500	Disposed	2029-04-16	Common Stock (12500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	245198	Indirect

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.50 to $109.49 (weighted average of $109.1319), inclusive; $109.50 to $110.45 (weighted average of $109.9414), inclusive; $110.52 to $111.50 (weighted average of $110.8565), inclusive; and $111.53 to $111.98, inclusive (weighted average of $111.7618). The Reporting Person undertakes to provide to Palomar Holdings, Inc., any security holder of Palomar Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F3: Fifty percent (50%) of the option shares vest and become exercisable on April 16, 2020 and the remaining option shares vest and become exercisable in twelve (12) equal monthly installments thereafter.