RADIAN GROUP INC 4/A
4/A · RADIAN GROUP INC · Filed Jun 12, 2015
Insider Transaction Report
Form 4/AAmended
Ibrahim Sanford A
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2015-06-05$17.97/sh−679,940$12,218,522→ 180,394 total - Exercise/Conversion
Restricted Stock Unit (cash-settled)
2015-06-05+679,940→ 0 totalExercise: $0.00From: 2015-06-05Exp: 2015-06-05→ Common Stock (679,940 underlying) - Exercise/Conversion
Common Stock
2015-06-05+679,940→ 860,334 total
Holdings
- 500,000(indirect: By Trust)
Common Stock
- 12,095(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Represents the vesting (at the maximum of 116.85% of target for Mr. Ibrahim) and automatic cash settlement of performance-based Restricted Stock Units granted June 6, 2012. Performance for this award was measured based on the Issuer's total stockholder return (TSR) on an absolute basis and as compared to the median TSR of MGIC Investment Corporation and the companies listed on the NASDAQ 100 Financial Index..
- [F2]Pursuant to an election under the deferred compensation plan, Mr. Ibrahim previously elected to defer receipt of the value of the RSUs to a future date.
- [F3]Transaction involved a gift of shares to a trust for the benefit of a member of the Reporting Person's family. The Reporting Person retains voting and investment control over the gifted shares and therefore, the 500,000 shares remain beneficially owned by the Reporting Person.
- [F4]N/A