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Home/Filings/4/0000890926-16-000117
4//SEC Filing

RADIAN GROUP INC 4

Accession 0000890926-16-000117

$RDNCIK 0000890926operating
View on SEC.govCompany Profile

Filed

May 12, 8:00 PM ET

Accepted

May 13, 6:46 PM ET

Size

9.4 KB

Accession

0000890926-16-000117

Insider Transaction Report

Form 4
Period: 2016-05-11
RADIAN GROUP INCRDN
Bryce Teresa
President of operating subsidi
Transactions
  • Award

    Stock Option - Performance Award

    2016-05-11+25,760→ 25,760 total
    Exercise: $12.16From: 2019-05-11Exp: 2026-05-11→ Common Stock (25,760 underlying)
  • Award

    Restricted Stock Units -Performance Award (stock settled)

    2016-05-11+63,020→ 63,020 total
    Exercise: $0.00From: 2020-05-11→ Common Stock (63,020 underlying)
Footnotes (4)
  • [F1]Non-Qualified Stock Options: Vesting is 50% on or after the third anniversary of the grant and 50% on or after the fourth anniversary of the grant, provided that Radian's common stock has closed at least 25% above the exercise price of the option for 10 consecutive trading days ending at any point on or after the third anniversary of the grant date.
  • [F2]Each Performance Based Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Radian Group Inc. common stock. The number of reported RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award. The RSUs have no voting or dividend rights.
  • [F3]Not Applicable.
  • [F4]Vesting of the RSUs occurs on the third anniversary of the grant date, with payouts generally subject to a one year holding period after vesting. 50% of the award (representing between 0 and 63,020 shares will vest based on the relative performance of Radian's total stockholder return against a designated peer group and the other 50% of the award (representing between 0 and 63,020 shares will vest based on Radian's cumulative growth in Radian's "Tangible Book Value" (as defined in the grant document).

Documents

1 file

Issuer

RADIAN GROUP INC

CIK 0000890926

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000890926

Filing Metadata

Form type
4
Filed
May 12, 8:00 PM ET
Accepted
May 13, 6:46 PM ET
Size
9.4 KB
View on SEC.gov