HALL J FRANKLIN 4
4 · RADIAN GROUP INC · Filed May 13, 2022
Insider Transaction Report
Form 4
HALL J FRANKLIN
EVP - Chief Financial Officer
Transactions
- Award
Restricted Stock Units - Time Vested Award
2022-05-11+28,330→ 28,330 totalExercise: $0.00From: 2025-05-15→ Common Stock (28,330 underlying) - Award
Restricted Stock Units - Performance Award
2022-05-11+46,760→ 46,760 totalExercise: $0.00From: 2025-05-15→ Common Stock (46,760 underlying)
Footnotes (5)
- [F1]Each RSU represents a contingent right to receive one share of common stock.
- [F2]Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 15, 2022.
- [F3]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.
- [F4]Vesting of the performance-based RSUs occurs on May 15, 2025 (between 0 and 93,520 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.
- [F5]Not Applicable.