4//SEC Filing
Fitzgerald Norman Peter 4
Accession 0001547903-24-000002
CIK 0001547903other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 8:28 PM ET
Size
18.9 KB
Accession
0001547903-24-000002
Insider Transaction Report
Form 4
Fitzgerald Norman Peter
EVP, Chief Sales Officer
Transactions
- Tax Payment
Class A Common Shares, $0.01 par value per share
2024-02-08−2,414→ 58,774 total - Award
Restricted Stock Unit (right to receive)
2024-02-07+11,003→ 52,221 total - Award
Class A Common Shares, $0.01 par value per share
2024-02-07+16,556→ 68,777 total - Tax Payment
Class A Common Shares, $0.01 par value per share
2024-02-07−7,589→ 61,188 total
Footnotes (5)
- [F1]Represents restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan on February 7, 2024. The restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date.
- [F2]On June 1, 2021, the reporting person was granted performance-based restricted stock units (PRSUs) pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan. Each PRSU represents a contingent right to receive shares of NMIH's Class A common shares upon settlement. The PRSUs vest at the end of the three-year period following the grant on the date that the Compensation Committee of the Board of Directors certifies attainment, based on NMIH's satisfaction of certain performance criteria. The performance criteria were met on February 7, 2024, resulting in the issuance of 16,556 vested PRSUs.
- [F3]Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of the PRSUs granted to the reporting person on June 1, 2021 at a net settlement price equal to the closing stock price on February 7, 2024.
- [F4]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 February 8, 2023 at a net settlement price equal to the closing stock price on February 8, 2024. The restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date.
- [F5]Represents 28,814 Class A common shares and 29,960 unvested restricted stock units.
Issuer
NMI Holdings, Inc.
CIK 0001547903
Entity typeother
Related Parties
1- filerCIK 0001904756
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 8:28 PM ET
- Size
- 18.9 KB