RADIAN GROUP INC 4

4 · RADIAN GROUP INC · Filed May 12, 2017

Form 4

Period: 2017-05-10

SVP, Chief Accounting Officer

Transactions

Award
Restricted Stock Units - Performance Award (TSR Metric)
2017-05-10+4,160→ 4,160 total
Exercise: $0.00From: 2020-05-10→ Common Stock (4,160 underlying)
Award
Restricted Stock Units - Performance Award (BV Metric)
2017-05-10+4,500→ 4,500 total
Exercise: $0.00From: 2020-05-10→ Common Stock (4,500 underlying)
Award
Restricted Stock Unit - Time Vested Award
2017-05-10+4,020→ 4,020 total
Exercise: $0.00From: 2018-05-10→ Common Stock (4,020 underlying)

Footnotes (5)

[F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Radian Group Inc. common stock. Vesting of time-based RSUs occurs pro rata on each of the first, second and third anniversaries of the grant.
[F2]Each Performance Based RSU represents a contingent right to receive one share of Radian Group Inc. common stock. The number of reported Performance Based RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award. The Performance Based RSUs have no voting or dividend rights.
[F3]Vesting of the Performance Based RSUs (TSR Metric) occurs on the third anniversary of the grant date, with payouts generally subject to a one year holding period after vesting. The award (representing between 0 and 4,160 shares) will vest based on the relative performance of Radian's total stockholder return against a designated peer group.
[F4]Vesting of the Performance Based RSUs (BV Metric) occurs on the third anniversary of the grant date, with payouts generally subject to a one year holding period after vesting. The award (representing between 0 and 4,500 shares) will vest based on Radian's cumulative growth in "LTI Book Value" per share (as defined in the grant document).
[F5]Not Applicable.

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