0001401521-24-000049.txt : 20240514
0001401521-24-000049.hdr.sgml : 20240514
20240514162300
ACCESSION NUMBER: 0001401521-24-000049
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240423
FILED AS OF DATE: 20240514
DATE AS OF CHANGE: 20240514
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MARTZ BRAD
CENTRAL INDEX KEY: 0001557785
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-52833
FILM NUMBER: 24944741
MAIL ADDRESS:
STREET 1: C/O UNITED INSURANCE HOLDINGS CORP.
STREET 2: 360 CENTRAL AVE., SUITE 900
CITY: ST. PETERSBURG
STATE: FL
ZIP: 33701
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AMERICAN COASTAL INSURANCE Corp
CENTRAL INDEX KEY: 0001401521
STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 753241967
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 800 2ND AVE S
CITY: SAINT PETERSBURG
STATE: FL
ZIP: 33701
BUSINESS PHONE: 727-895-7737
MAIL ADDRESS:
STREET 1: 800 2ND AVE S
CITY: SAINT PETERSBURG
STATE: FL
ZIP: 33701
FORMER COMPANY:
FORMER CONFORMED NAME: UNITED INSURANCE HOLDINGS CORP.
DATE OF NAME CHANGE: 20081002
FORMER COMPANY:
FORMER CONFORMED NAME: FMG ACQUISITION CORP
DATE OF NAME CHANGE: 20070531
4
1
wk-form4_1715718165.xml
FORM 4
X0508
4
2024-04-23
0
0001401521
AMERICAN COASTAL INSURANCE Corp
ACIC
0001557785
MARTZ BRAD
C/O AMERICAN COASTAL INSURANCE CORP
800 2ND AVENUE S.
ST. PETERSBURG
FL
33701
0
1
0
0
President
0
Common Stock
2024-04-23
4
M
0
23467
0
A
193357
D
Common Stock
2024-04-23
4
F
0
6546
10.47
D
186811
D
Performance Stock Units
2024-04-23
4
M
0
11093
0
D
Common Stock
11093
78431
D
Dividend Equivalent Units
2024-04-23
4
M
0
640
0
D
Common Stock
640
0
D
Dividend Equivalent Units
2024-04-23
4
M
0
320
0
D
Common Stock
320
0
D
Restricted Stock Units
2024-04-23
4
M
0
5546
0
D
Common Stock
5546
58823
D
Each stock unit represents a conditional right to receive one share of the company's common stock.
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.
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.
The dividend equivalent units will vest proportionately with the underlying restricted stock units or performance-based restricted stock units to which they relate.
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.
/s/ Alexander Baty, Attorney-in-Fact for Brad Martz
2024-05-14