RICHARDS ROBERT 4
4 · RADIAN GROUP INC · Filed May 12, 2011
Insider Transaction Report
Form 4
RICHARDS ROBERT
Director
Transactions
- Award
Restricted Stock Unit
2011-05-11+20,796→ 20,796 totalExercise: $0.00→ Common Stock (20,796 underlying)
Footnotes (4)
- [F1]Award represents an annual equity award to non-employee directors.
- [F2]Each RSU represents a contingent right to receive one share of common stock.
- [F3]Each RSU vests on the third anniversary of the grant or earlier upon the reporting person's retirement, death or disability; following vesting, conversion of the RSUs into common stock will occur upon the reporting person's departure from the board of directors.
- [F4]Not Applicable to this transaction.