Form 4 for SKWD Skyward Specialty Insurance Group, Inc.
Accepted 2023-01-17 00:00:00 ET · period of report 2023-01-12 · accession 0001415889-23-001029 · 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 | 2023-01-17 | 2023-01-12 | SKWD | HAUSHILL MARK W | EVP, CFO | C - Cnv Deriv | — | +143.3K | 292.3K | +96% | — |
| DM | 2023-01-17 | 2023-01-12 | SKWD | HAUSHILL MARK W | EVP, CFO | A - Grant | $0.00 | +80.0K | 13.3K | New | $0 |
| D | 2023-01-17 | 2023-01-12 | SKWD | HAUSHILL MARK W | EVP, CFO | C - Cnv Deriv | — | -17.3K | 0 | -100% | — |
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 | 2023-01-12 | C | A | 143,314 | — | 292,254 | D | — | — | (F1) The reporting person owned 17,312.361 shares of the Company's Preferred Series A Stock, which converted to 143,314 shares of Common Stock upon the consummation of the Company's IPO. (F2) Includes a Restricted Stock Award in the amount of 5,699 shares granted on January 1, 2022. Each share is equivalent to one share of the Company's common stock. This award fully vests on January 1, 2025. |
| 2 | Derivative | 2023 RSU Grant (3-Year) | 2023-01-12 | A | A | 13,330 | $0.00 | 13,330 | D | — · — to — | 13,330 Common Stock | (F3) Upon vesting, each Restricted Stock Unit ("RSU") settles for one share of Common Stock. (F4) Subject to the reporting person's continuous service through the vesting date, 50% of the RSUs shall vest on January 12, 2025, and the remaining 50% will vest on January 12, 2026. |
| 3 | Derivative | Preferred Series A Stock | 2023-01-12 | C | D | 17,312.36 | — | 0 | D | — · — to — | 17,312.36 Preferred Series A Stock | (F1) The reporting person owned 17,312.361 shares of the Company's Preferred Series A Stock, which converted to 143,314 shares of Common Stock upon the consummation of the Company's IPO. |
| 4 | Derivative | 2023 Stock Options (Right to Buy) | 2023-01-12 | A | A | 53,330 | $0.00 | 53,330 | D | $15.00 · — to — | 53,330 Common Stock | (F6) Subject to the reporting person's continuous service through the vesting date, 50% of the options will vest on January 12, 2026, and the remaining 50% will vest on January 12, 2027. |
| 5 | Derivative | 2023 RSU Grant (4-Year) | 2023-01-12 | A | A | 13,330 | $0.00 | 13,330 | D | — · — to — | 13,330 Common Stock | (F3) Upon vesting, each Restricted Stock Unit ("RSU") settles for one share of Common Stock. (F5) Subject to the reporting person's continuous service through the vesting date, 50% of the RSUs will vest on January 12, 2026, and the remaining 50% will vest on January 12, 2027. |