HALL J FRANKLIN 4

4 · RADIAN GROUP INC · Filed May 14, 2021

Form 4

Period: 2021-05-12

EVP - Chief Financial Officer

Transactions

Exercise/Conversion
Common Stock
2021-05-13+9,609→ 107,922 total
Award
Restricted Stock Units - Time Vested Award
2021-05-12+21,740→ 21,740 total
Exercise: $0.00From: 2024-05-12→ Common Stock (21,740 underlying)
Award
Restricted Stock Units - Performance Award
2021-05-12+36,370→ 36,370 total
Exercise: $0.00From: 2024-05-12→ Common Stock (36,370 underlying)
Exercise/Conversion
Restricted Stock Units - Time-based Award
2021-05-13−9,609→ 19,511 total
Exercise: $0.00From: 2021-05-13→ Common Stock (9,609 underlying)

Footnotes (6)

[F1]Vesting of one-third of the time-based RSUs granted on May 13, 2020.
[F2]Each RSU represents a contingent right to receive one share of common stock.
[F3]Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 15, 2021.
[F4]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.
[F5]Vesting of the performance-based RSUs occurs on May 15, 2024 (between 0 and 72,740 shares), subject to the Company's cumulative growth in "LTI Book Value" per share (as defined in the grant document). Distribution of shares is generally subject to a one-year holding period after vesting.
[F6]Not Applicable.

Documents

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