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4//SEC Filing

RADIAN GROUP INC 4

Accession 0000890926-17-000033

$RDNCIK 0000890926operating
View on SEC.govCompany Profile

Filed

May 11, 8:00 PM ET

Accepted

May 12, 5:44 PM ET

Size

11.9 KB

Accession

0000890926-17-000033

Insider Transaction Report

Form 4
Period: 2017-05-10
RADIAN GROUP INCRDN
Jackson Catherine Mary
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.

Documents

1 file

Issuer

RADIAN GROUP INC

CIK 0000890926

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000890926

Filing Metadata

Form type
4
Filed
May 11, 8:00 PM ET
Accepted
May 12, 5:44 PM ET
Size
11.9 KB
View on SEC.gov