Form 4 for HG Hamilton Insurance Group, Ltd.
Accepted 2024-03-07 00:00:00 ET · period of report 2024-03-05 · accession 0001140361-24-012061 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-07 | 2024-03-05 | HG | Krishnamoorthy Venkatanarayanan | Group CTO, Group CDO | A - Grant | — | +9,052 | 31.8K | +40% | — |
| D | 2024-03-07 | 2024-03-05 | HG | Krishnamoorthy Venkatanarayanan | Group CTO, Group CDO | M - OptEx | — | +2,167 | 22.7K | +11% | — |
| D | 2024-03-07 | 2024-03-05 | HG | Krishnamoorthy Venkatanarayanan | Group CTO, Group CDO | A - Grant | $0.00 | +9,052 | 9,052 | New | $0 |
| D | 2024-03-07 | 2024-03-05 | HG | Krishnamoorthy Venkatanarayanan | Group CTO, Group CDO | M - OptEx | $0.00 | -2,167 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Shares | 2024-03-05 | A | A | 9,052 | — | 31,760 | D | — | — | (F2) On March 5, 2024, the reporting person was granted 9,052 restricted stock units ('RSUs') that vest one-third per year on January 1, 2025, 2026 and 2027, respectively. Each RSU represents the right to receive one Class B common share. The number reported here reflects the RSUs outstanding subject to future vesting. |
| 2 | Common | Class B Common Shares | 2024-03-05 | M | A | 2,167 | — | 22,708 | D | — | — | (F1) On March 30, 2021, the reporting person was granted 6,794 performance stock units ("PSUs") that could be earned based on our annualized underwriting return on capital for the 3-year performance period ending on December 31, 2023. Each PSU represented a contingent right to receive one Class B common share. |
| 3 | Derivative | 2024 LTIP -Performance Stock Units | 2024-03-05 | A | A | 9,052 | $0.00 | 9,052 | D | — · — to — | 9,052 Class B Common Shares | (F3) On March 5, 2024 the reporting person was granted 9,052 PSUs that are earned based on two equally-weighted performance measures: (i) Return on Equity and (ii) Book Value per Share growth, both measured on an absolute basis, for the 3-year performance period ending on December 31, 2026. Each PSU represents a contingent right to receive one Class B common share. The number of units subject to vest under this award can range from 0% to 200% of the amount shown based on the satisfaction of the performance target during the performance period. |
| 4 | Derivative | 2021 LTIP -Performance Stock Units | 2024-03-05 | M | D | 2,167 | $0.00 | 0 | D | — · — to — | 2,167 Class B Common Shares | (F1) On March 30, 2021, the reporting person was granted 6,794 performance stock units ("PSUs") that could be earned based on our annualized underwriting return on capital for the 3-year performance period ending on December 31, 2023. Each PSU represented a contingent right to receive one Class B common share. |