X0306 4 2017-03-24 0 0001610793 State National Companies, Inc. SNC 0001632716 LEDBETTER BRADFORD LUKE C/O STATE NATIONAL COMPANIES, INC. 1900 L. DON DODSON DRIVE BEDFORD TX 76021 0 1 0 0 Executive Vice President Common Stock 2017-03-24 4 A 0 10444 0 A 32899 D Common Stock 5608272 I By Trust Represents 6,963 shares of restricted stock granted on March 24, 2017 that are subject to performance-based vesting tied to growth rate of earnings per share and revenue measured against certain financial goals for the 36-month performance period consisting of calendar years 2017-2019, and 3,481 shares of restricted stock granted on March 24, 2017 that are subject to performance-based vesting based on 2017 net income and continued service, vesting 33 1/3% of the original award on each of the three anniversaries following the grant date. Exhibit 99 - See Exhibit 99 for text of Footnote 2, which Exhibit is incorporated by reference herein. /s/ David M. Cleff, as Attorney-in-Fact for Bradford Luke Ledbetter individually and in his capacity as sole trustee or co-trustee, as applicable, for each of the trusts listed in Footnote 2 hereof 2017-03-28