Form 4 for ACIC AMERICAN COASTAL INSURANCE Corp
Accepted 2024-05-14 00:00:00 ET · period of report 2024-04-23 · accession 0001401521-24-000048 · 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 | 2024-05-14 | 2024-04-23 | ACIC | Griffith Christopher | COO | M - OptEx | $0.00 | +8,578 | 81.1K | +12% | $0 |
| DM | 2024-05-14 | 2024-04-23 | ACIC | Griffith Christopher | COO | M - OptEx | $0.00 | -6,432 | 43.1K | -13% | $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 | Common Stock | 2024-04-23 | M | A | 8,578 | $0.00 | 81,124 | D | — | — | |
| 2 | Derivative | Dividend Equivalent Units | 2024-04-23 | M | D | 232 | $0.00 | 0 | D | — · — to — | 232 Common Stock | (F1) Each stock unit represents a conditional right to receive one share of the company's common stock. (F5) The dividend equivalent units will vest proportionately with the underlying restricted stock or performance-based stock units to which they relate. |
| 3 | Derivative | Dividend Equivalent Units | 2024-04-23 | M | D | 115 | $0.00 | 0 | D | — · — to — | 115 Common Stock | (F1) Each stock unit represents a conditional right to receive one share of the company's common stock. (F5) The dividend equivalent units will vest proportionately with the underlying restricted stock or performance-based stock units to which they relate. |
| 4 | Derivative | Restricted Stock Units | 2024-04-23 | M | D | 2,028 | $0.00 | 32,352 | D | — · — to — | 2,028 Common Stock | (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. |
| 5 | Derivative | Performance Stock Units | 2024-04-23 | M | D | 4,057 | $0.00 | 43,137 | D | — · — to — | 4,057 Common Stock | (F1) Each stock unit represents a conditional right to receive one share of the company's common stock. (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. |