MOORE RONALD W 4
4 · RADIAN GROUP INC · Filed Jun 1, 2012
Insider Transaction Report
Form 4
MOORE RONALD W
Director
Transactions
- Award
Dividend Equivalent Rights
2012-05-31+59.666→ 797.336 totalExercise: $0.00→ Common Stock (59.666 underlying) - Award
Restricted Stock Unit
2012-05-30+46,371→ 46,371 totalExercise: $0.00→ Common Stock (46,371 underlying)
Footnotes (5)
- [F1]Dividend equivalents accrued on previously awarded Phantom Stock Units. 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.
- [F2]Not applicable to the transaction.
- [F3]Award represents an annual equity award to non-employee directors.
- [F4]Each RSU represents a contingent right to receive one share of common stock.
- [F5]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.