MGIC INVESTMENT CORP 4
4 · MGIC INVESTMENT CORP · Filed Jan 27, 2016
Insider Transaction Report
Form 4
CARR CASSANDRA C
Director
Transactions
- Award
Share Units
2016-01-25+17,667.845→ 40,666.098 totalFrom: 2017-02-01→ Common Stock (17,667.845 underlying)
Footnotes (6)
- [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.
- [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 are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
- [F4]The Share Units awarded on this transaction date are settled in cash ten business days after February 1, 2017 unless a qualified election for later distribution is made by the reporting person.
- [F5]These Share Units do not expire on a fixed date, except that the Share Units awarded on this transaction date and on January 26, 2015 are settled in cash ten business days after February 1, 2017 and 2016, respectively, unless a qualified election for later distribution is made by the reporting person.
- [F6]These Share Units were awarded to the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors and no price was paid by the reporting person for the Share Units.