JENNINGS JAMES 4
4 · RADIAN GROUP INC · Filed Mar 7, 2011
Insider Transaction Report
Form 4
JENNINGS JAMES
Director
Transactions
- Award
dividend equivalent rights
2011-03-03+20.285→ 539.177 totalExercise: $0.00→ common stock (20.285 underlying)
Footnotes (3)
- [F1]1 for 1
- [F2]Dividend equivalents accrued on unvested Phantom Stock Units. Dividend equivalents reported herein are related to various Phantom Stock Unit awards outstanding. Dividend equivalent rights accrued on phantom stock units will be settled proportionately with the previously granted awards to which they relate. Awards will be settled in stock upon retirement from the Board of Directors. The total number of derivative securities beneficially owned was adjusted down by 19.984 shares to correct for fractional rounding.
- [F3]Not applicable to the transaction.