Norberg Julie 4
4 · NMI Holdings, Inc. · Filed Mar 19, 2019
Insider Transaction Report
Form 4
Norberg Julie
SVP, Chief Accounting Officer
Transactions
- Sale
Class A Common Shares, $0.01 par value per share
[F1]2019-03-15$25.86/sh−2,524$65,271→ 19,271 total - Sale
Class A Common Shares, $0.01 par value per share
[F2]2019-03-15$25.86/sh−4,738$122,525→ 14,533 total - Tax Payment
Class A Common Shares, $0.01 par value per share
[F3]2019-03-15−1,135→ 13,398 total - Sale
Class A Common Shares, $0.01 par value per share
[F4]2019-03-18$26.17/sh−2,147$56,187→ 11,251 total - Tax Payment
Class A Common Shares, $0.01 par value per share
[F5]2019-03-15−919→ 10,332 total - Sale
Class A Common Shares, $0.01 par value per share
[F4]2019-03-18$26.17/sh−1,737$45,457→ 8,595 total - Award
Restricted Stock Unit (right to receive)
[F6][F7]2019-03-15+10,882→ 19,477 total
Footnotes (7)
- [F1]To satisfy withholding taxes in connection with the vesting of certain restricted stock units granted to the reporting person on March 14, 2016, the common stock was sold by the reporting person in a series of open market transactions on the transaction date at a weighted average sale price of $25.86. The range of sale prices on the transaction date was $25.67 to $26.01. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price. Such restricted stock units vested in full on March 14, 2019.
- [F2]The common stock was sold by the reporting person in a series of open market transactions on the transaction date at a weighted average sale price of $25.86. The range of sale prices on the transaction date was $25.67 to $26.01.The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
- [F3]Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on March 15, 2017 at a net settlement price equal to the closing stock price on March 15, 2019. Such restricted stock units vest in three equal annual installments beginning on March 15, 2018.
- [F4]The common stock was sold by the reporting person in a series of open market transactions on the transaction date at a weighted average sale price of $26.17. The range of sale prices on the transaction date was $26.03 to $26.47.The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
- [F5]Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on March 15, 2018, at a net settlement price equal to the closing stock price on March 15, 2019. Such restricted stock units vest in three equal annual installments beginning on March 15, 2019.
- [F6]Represents restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan on March 15, 2019. The restricted stock units vest in three equal annual installments beginning on March 15, 2020.
- [F7]Represents 19,477 unvested restricted stock units.
Signature
/s/ Nicole C. Sanchez as Attorney-in-Fact|2019-03-19