|4May 17, 5:50 PM ET

Brummer Derek 4

4 · RADIAN GROUP INC · Filed May 17, 2024

Insider Transaction Report

Form 4
Period: 2024-05-15
Brummer Derek
Chief Risk Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2024-05-15+10,284265,364 total
  • Exercise/Conversion

    Common Stock

    2024-05-15+11,017276,381 total
  • Exercise/Conversion

    Common Stock

    2024-05-15+10,486286,867 total
  • Exercise/Conversion

    Common Stock

    2024-05-15+4,127290,994 total
  • Tax Payment

    Common Stock

    2024-05-1517,971273,023 total
  • Exercise/Conversion

    Restricted Stock Units - Time-based Award

    2024-05-1510,2840 total
    From: 2024-05-15Common Stock (10,284 underlying)
  • Exercise/Conversion

    Restricted Stock Units - Time-based Award

    2024-05-1511,01711,017 total
    From: 2024-05-15Common Stock (11,017 underlying)
  • Exercise/Conversion

    Restricted Stock Units - Time-based Award

    2024-05-1510,48620,974 total
    From: 2024-05-15Common Stock (10,486 underlying)
  • Exercise/Conversion

    Restricted Stock Units - Performance Award

    2024-05-154,12799,113 total
    From: 2024-05-15Common 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
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES