Robert Quigley - 15 May 2024 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
EVP, Controller & CAO
Signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
Issuer symbol
RDN
Transactions as of
15 May 2024
Transactions value $
$0
Form type
4
Filing time
17 May 2024, 17:42:28 UTC
Previous filing
15 May 2024
Next filing
24 May 2024
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 +1,384 +2.63% $0.000000 53,942 15 May 2024 Direct F1, F8
transaction RDN Common Stock Options Exercise $0 +1,513 +2.8% $0.000000 55,455 15 May 2024 Direct F2, F8
transaction RDN Common Stock Options Exercise $0 +1,573 +2.84% $0.000000 57,028 15 May 2024 Direct F3, F8
transaction RDN Common Stock Options Exercise $0 +555 +0.97% $0.000000 57,583 15 May 2024 Direct F4, F8
transaction RDN Common Stock Tax liability $0 -2,501 -4.34% $0.000000 55,082 15 May 2024 Direct F5, F8

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 -1,384 -100% 0 15 May 2024 Common Stock 1,384 Direct F1, F8, F9
transaction RDN Restricted Stock Units - Time-based Award Options Exercise -1,513 -50% 1,514 15 May 2024 Common Stock 1,513 Direct F2, F8, F9
transaction RDN Restricted Stock Units - Time-based Award Options Exercise -1,573 -33.3% 3,147 15 May 2024 Common Stock 1,573 Direct F3, F8, F9
transaction RDN Restricted Stock Units - Performance Award Options Exercise -555 -4% 13,325 15 May 2024 Common Stock 555 Direct F4, F6, F7, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 12, 2021.
F2 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 11, 2022.
F3 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023.
F4 Pursuant to the terms of the Company's equity incentive plan, represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 12, 2021, which are subject to a one-year post vest holding period.
F5 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 May 12, 2021, May 11, 2022, and May 17, 2023, as well as shares withheld by the Company to satisfy the tax liability incurred upon the vesting of 13,880 performance-based RSUs granted May 12, 2021, net of which remain subject to a one year post-vest hold.
F6 Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.
F7 Pursuant to the terms of the Company's equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 13,880 performance-based RSUs granted May 12, 2021.
F8 Each RSU represents a contingent right to receive one share of common stock.
F9 Not Applicable