Merkle Claudia J 4
4 · NMI Holdings, Inc. · Filed Nov 18, 2020
Insider Transaction Report
Form 4
Merkle Claudia J
EVP, Chief Insurance Officer
Transactions
- Exercise/Conversion
Class A Common Shares, $0.01 par value per share
2020-11-16$11.10/sh+73,791$819,080→ 200,317 total - Sale
Class A Common Shares, $0.01 par value per share
2020-11-16$23.57/sh−73,791$1,739,084→ 126,526 total - Exercise/Conversion
Stock Option (right to buy)
2020-11-16−73,791→ 0 totalExercise: $11.10Exp: 2027-02-09→ Class A Common Shares, $0.01 par value per share (73,791 underlying)
Footnotes (3)
- [F1]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 $23.5677. The range of price was $23.46 to $23.82. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a securityholder of the issuer, full information regarding the number of shares sold at each price.
- [F2]Represents 49,967 class A common shares and 76,559 unvested restricted stock units.
- [F3]The option vested in full on February 9, 2020.