HAGERTY THOMAS 4
4 · MGIC INVESTMENT CORP · Filed Apr 15, 2011
Insider Transaction Report
Form 4
HAGERTY THOMAS
Director
Transactions
- Exercise/Conversion
Share Units
2011-04-15$8.78/sh−15,151.515$133,030→ 30,182.519 totalFrom: 2011-04-15→ Common Stock (15,151.515 underlying)
Holdings
- 28,336
Common Stock
Footnotes (3)
- [F1]The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person. The Share Units are settled in cash, generally at the time the reporting person ceases to be a Director of the Issuer, unless a qualified election for earlier distribution is made by the reporting person.
- [F2]These Share Units do not have a specified dollar-denominated exercise or conversion price. (Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.)
- [F3]These Share Units do not expire on a fixed date. Under certain circumstances, the Share Units are subject to forfeiture if the reporting person ceases to be a Director of the issuer before the lapse of restrictions on the Share Units.