| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NMIH | Restricted Stock Unit (right to receive) | Award | $0 | +72.1K | +28.01% | $0.00 | 329K | 12 Feb 2025 | Direct | F1 |
| transaction | NMIH | Common Shares, $0.01 par value per share | Award | $0 | +116K | +35.25% | $0.00 | 446K | 12 Feb 2025 | Direct | F2 |
| transaction | NMIH | Common Shares, $0.01 par value per share | Tax liability | $0 | -59K | -13.24% | $0.00 | 387K | 12 Feb 2025 | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | Represents restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan on February 12, 2025. The 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 | On February 9, 2022, the reporting person was granted performance-based restricted stock units (PRSUs) pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan. Each PRSU represents a contingent right to receive shares of NMIH's common shares upon settlement. The PRSUs vest at the end of the three-year period following the grant on the date that the Compensation Committee of the Board of Directors certifies attainment, based on NMIH's satisfaction of certain performance criteria. The performance criteria were met on February 12, 2025, resulting in the issuance of 116,144 vested PRSUs. |
| F3 | Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of the PRSUs granted to the reporting person on February 9, 2022 at a net settlement price equal to the closing stock price on February 12, 2025. |
| F4 | Represents 247,298 common shares and 139,333 unvested restricted stock units. |