Edward J. Hoffman - 09 May 2022 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role: Sr. EVP, General Counsel
Signature: Edward J. Hoffman /s/
Issuer symbol: RDN
Transactions as of: 09 May 2022
Net transactions value: -$386,565
Form type: 4
Filing time: 10 May 2022, 17:30:45 UTC
Previous filing: 04 Oct 2021
Next filing: 13 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	+43,361	+39%	$0.000000	154,633	09 May 2022	Direct	F1, F2
transaction	RDN	Common Stock	Tax liability	$386,565	-18,217	-12%	$21.22	136,416	09 May 2022	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 - Performance Award	Options Exercise		-43,361	-100%		0	09 May 2022	Common Stock	43,361	$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	Represents restricted stock units that were granted May 9, 2018, which vested on May 9, 2021 and were subject to a one-year post-vest hold which was satisfied May 9, 2022.
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 performance-based RSUs granted May 9, 2018, following completion of the one-year hold period after vesting of the RSUs.
F4	Not Applicable.