Derek Brummer - 17 May 2021 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
President, Mortgage
Signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
Issuer symbol
RDN
Transactions as of
17 May 2021
Net transactions value
-$543,953
Form type
4
Filing time
18 May 2021, 16:10:48 UTC
Previous filing
14 May 2021
Next filing
10 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Options Exercise $0 +4,884 +2.7% $0.000000 184,876 17 May 2021 Direct F1, F2
transaction RDN Common Stock Tax liability $543,953 -23,681 -13% $22.97 161,195 17 May 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RDN Restricted Stock Units - Time-based Award Options Exercise -4,884 -49% 5,032 17 May 2021 Common Stock 4,884 $0.000000 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of one-third of the time-based RSUs granted on May 15, 2019.
F2 Each RSU represents a contingent right to receive one share of common stock.
F3 Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon the distribution of the time-based RSUs granted on each of May 9, 2018, May 15, 2019 and May 13, 2020, as well as for the distribution of the performance-based RSUs granted May 10, 2017, following completion of the one-year hold period after vesting of the RSUs. For each of these awards, shares were distributed May 17, 2021.
F4 Not Applicable.