SMITH L STEPHEN 4
4 · PMI GROUP INC · Filed Mar 22, 2011
Insider Transaction Report
Form 4
SMITH L STEPHEN
DirectorCEO, Pres & COO
Transactions
- Exercise/Conversion
Restricted Stock Units
2011-03-18−41,667→ 41,667 total→ Common Stock (41,667 underlying) - Tax Payment
Common Stock
2011-03-21$2.71/sh−12,921$35,016→ 79,434 total - Tax Payment
Common Stock
2011-03-18$2.72/sh−18,846$51,261→ 63,788 total - Exercise/Conversion
Common Stock
2011-03-18+41,667→ 82,634 total - Exercise/Conversion
Common Stock
2011-03-21+28,567→ 92,355 total - Exercise/Conversion
Restricted Stock Units
2011-03-21−28,567→ 0 total→ Common Stock (28,567 underlying)
Holdings
- 98,344(indirect: By Trust)
Common Stock
- 1,297(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.