Palomar Holdings, Inc. — Director's Dealing 2021

Jan 29, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Palomar Holdings, Inc. (PLMR)
CIK: 0001761312
Period of Report: 2021-01-27

Reporting Person: Armstrong Mac (Director, CEO and Chairman)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-27	Employee Stock Option (Right to Buy)	$97.87	A	10077	Acquired	2031-01-27	Common Stock (10077)	Direct
2021-01-27	Restricted Stock Units	$	A	7889	Acquired		Common Stock (7889)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1087	Direct
Common Stock	735388	Indirect

Footnotes

F1: Includes 1,087 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, 7,889 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.