David B. Weinstock - Feb 12, 2025 Form 4 Insider Report for Essent Group Ltd. (ESNT)

Role
SVP and CFO
Signature
/s/ David B. Weinstock
Stock symbol
ESNT
Transactions as of
Feb 12, 2025
Transactions value $
$900,111
Form type
4
Date filed
2/14/2025, 05:01 PM
Previous filing
Jan 13, 2025
Next filing
Mar 4, 2025
SEC
View on sec.gov

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 ESNT Restricted share units Award $600K +10.5K +17.71% $57.11 69.8K Feb 12, 2025 Common shares, par value $0.015 10.5K Direct F1, F2
transaction ESNT Restricted share units Award $300K +5.25K +7.53% $57.11 75.1K Feb 12, 2025 Common shares, par value $0.015 5.25K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted share units convert into common shares on a one-for-one basis.
F2 Represents restricted share units granted under the issuer's 2013 Long-Term Incentive Plan, with any shares becoming earned based upon the issuer's compounded annual book value per share growth percentage and relative total shareholder return during a three-year performance period commencing January 1, 2025 and vesting on March 1, 2028.
F3 Represents restricted share units granted under the issuer's 2013 Long-Term Incentive Plan subject to time-based vesting in equal installments on each of March 1, 2026, 2027 and 2028.