Robert Owen Smith - 09 Feb 2024 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Signature
/s/ Lynn Zheng, as Attorney-in-Fact
Issuer symbol
NMIH
Transactions as of
09 Feb 2024
Transactions value $
$0
Form type
4
Filing time
12 Feb 2024, 20:38:53 UTC
Previous filing
09 Feb 2024
Next filing
22 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -3,356 -3.7% $0.000000 87,413 09 Feb 2024 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -1,801 -2.06% $0.000000 85,612 10 Feb 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on February 9, 2022 at a net settlement price equal to the closing stock price on February 9, 2024. The shares underlying these restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date.
F2 Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on February 10, 2021 at a net settlement price equal to the closing stock price on February 9, 2024. The shares underlying these restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date.
F3 Represents 54,962 Class A common shares and 30,650 unvested restricted stock units. (Please note this corrects an error in the number of Class A common shares and unvested restricted stock units listed on a prior form filed on 2/9/2024.)