MGIC INVESTMENT CORP 4
4 · MGIC INVESTMENT CORP · Filed Jan 25, 2017
Insider Transaction Report
Form 4
CARR CASSANDRA C
Director
Transactions
- Award
Share Units
2017-01-23+9,606.148→ 50,272.246 totalFrom: 2018-02-01→ Common Stock (9,606.148 underlying)
Holdings
- 5,000
Common Stock
Footnotes (6)
- [F1]The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person.
- [F2]These Share Units do not have a specified dollar-denominated exercise or conversion price. (Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.)
- [F3]These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
- [F4]These Share Units were awarded to the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors and no price was paid by the reporting person for the Share Units.
- [F5]These Share Units awarded on this transaction date are settled in cash ten business days after February 1, 2018 unless a qualified election for later distribution is made by the reporting person.
- [F6]These Share Units do not expire on a fixed date, except that the Share Units awarded on this transaction, date and on January 25, 2016 are settled in cash ten business days after February 1, 2018 and 2017, respectively, unless a qualified election for later distribution is made by the reporting person.