4//SEC Filing
Smith Robert Owen 4
Accession 0001547903-25-000036
CIK 0001547903other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 9:07 PM ET
Size
8.8 KB
Accession
0001547903-25-000036
Insider Transaction Report
Form 4
Smith Robert Owen
EVP, Chief Risk Officer
Transactions
- Award
Restricted Stock Unit (right to receive)
2025-02-12+14,647→ 88,275 total - Award
Common Shares, $0.01 par value per share
2025-02-12+33,100→ 121,375 total - Tax Payment
Common Shares, $0.01 par value per share
2025-02-12−16,809→ 104,566 total
Footnotes (4)
- [F1]Represents restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan on February 12, 2025. 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 February 9, 2022, 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 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 12, 2025, resulting in the issuance of 33,100 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 February 9, 2022 at a net settlement price equal to the closing stock price on February 12, 2025.
- [F4]Represents 76,599 common shares and 27,967 unvested restricted stock units.
Documents
Issuer
NMI Holdings, Inc.
CIK 0001547903
Entity typeother
Related Parties
1- filerCIK 0001739814
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 9:07 PM ET
- Size
- 8.8 KB