SMITH L STEPHEN 4
4 · PMI GROUP INC · Filed May 23, 2011
Insider Transaction Report
Form 4
SMITH L STEPHEN
DirectorCEO, Pres & COO
Transactions
- Exercise/Conversion
Restricted Stock Units
2011-05-20−5,350→ 5,350 total→ Common Stock (5,350 underlying) - Exercise/Conversion
Common Stock
2011-05-20+5,350→ 84,784 total - Tax Payment
Common Stock
2011-05-20$1.39/sh−2,420$3,364→ 82,364 total
Holdings
- 1,297(indirect: By 401(k))
Common Stock
- 148,344(indirect: By Trust)
Common Stock
Footnotes (2)
- [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 May 20, 2010, reporting person was granted 16,050 restricted stock units which vest in three equal annual installments beginning May 20, 2011.