Brummer Derek 4

Accession 0001062993-24-010694

CIK 0000890926other

Filed

May 16, 8:00 PM ET

Accepted

May 17, 5:50 PM ET

Size

20.4 KB

Accession

0001062993-24-010694

Form 4

Period: 2024-05-15

Chief Risk Officer

Transactions

Exercise/Conversion
Common Stock
2024-05-15+10,284→ 265,364 total
Exercise/Conversion
Common Stock
2024-05-15+11,017→ 276,381 total
Exercise/Conversion
Common Stock
2024-05-15+10,486→ 286,867 total
Exercise/Conversion
Common Stock
2024-05-15+4,127→ 290,994 total
Tax Payment
Common Stock
2024-05-15−17,971→ 273,023 total
Exercise/Conversion
Restricted Stock Units - Time-based Award
2024-05-15−10,284→ 0 total
From: 2024-05-15→ Common Stock (10,284 underlying)
Exercise/Conversion
Restricted Stock Units - Time-based Award
2024-05-15−11,017→ 11,017 total
From: 2024-05-15→ Common Stock (11,017 underlying)
Exercise/Conversion
Restricted Stock Units - Time-based Award
2024-05-15−10,486→ 20,974 total
From: 2024-05-15→ Common Stock (10,486 underlying)
Exercise/Conversion
Restricted Stock Units - Performance Award
2024-05-15−4,127→ 99,113 total
From: 2024-05-15→ Common Stock (4,127 underlying)

Footnotes (9)

[F1]Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 12, 2021.
[F2]Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 11, 2022.
[F3]Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023.
[F4]Pursuant to the terms of the Company's equity incentive plan, represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 12, 2021, which are subject to a one-year post vest holding period.
[F5]Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon the distribution of the time-based RSUs granted on May 12, 2021, May 11, 2022, and May 17, 2023, as well as shares withheld by the Company to satisfy the tax liability incurred upon the vesting of 103,240 performance-based RSUs granted May 12, 2021, net of which remain subject to a one year post-vest hold.
[F6]Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.
[F7]Pursuant to the terms of the Company's equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 103,240 performance-based RSUs granted May 12, 2021.
[F8]Each RSU represents a contingent right to receive one share of common stock.
[F9]Not Applicable

Documents

1 file

RADIAN GROUP INC

CIK 0000890926

Entity typeother