SMITH L STEPHEN 4
4 · PMI GROUP INC · Filed Mar 22, 2010
Insider Transaction Report
Form 4
SMITH L STEPHEN
DirectorCEO, Pres & COO
Transactions
- Tax Payment
Common Stock
2010-03-18$3.18/sh−18,846$59,930→ 25,320 total - Exercise/Conversion
Common Stock
2010-03-19+28,567→ 53,887 total - Exercise/Conversion
Restricted Stock Units
2010-03-19−28,567→ 28,567 total→ Common Stock (28,567 underlying) - Exercise/Conversion
Common Stock
2010-03-18+41,666→ 44,166 total - Tax Payment
Common Stock
2010-03-19$3.10/sh−10,065$31,202→ 43,822 total - Exercise/Conversion
Restricted Stock Units
2010-03-18−41,666→ 83,334 total→ Common Stock (41,666 underlying)
Holdings
- 98,344(indirect: By Trust)
Common Stock
- 1,293(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit was granted under The PMI Group, Inc. Equity Incentive Plan, exempt under Rule 16b-3, and represents a contingent right to receive one share of PMI common stock upon vesting.
- [F2]On March 18, 2009, reporting person was granted 125,000 restricted stock units which vest in three equal annual installments beginning March 18, 2010.
- [F3]On March 19, 2008, reporting person was granted 85,700 restricted stock units which vest in three equal annual installments beginning March 19, 2009.