Rohit Gupta - 11 Feb 2023 Form 4 Insider Report for Enact Holdings, Inc. (ACT)

Role
President and CEO, Director
Signature
/s/ Evan Stolove, by power of attorney
Issuer symbol
ACT
Transactions as of
11 Feb 2023
Transactions value $
-$236,366
Form type
4
Filing time
14 Feb 2023, 15:39:18 UTC
Previous filing
13 Feb 2023
Next filing
21 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACT Common Stock Options Exercise +32.9K +89.54% 69.7K 11 Feb 2023 Direct F1
transaction ACT Common Stock Tax liability -$236K -9.71K -13.94% $24.34 59.9K 11 Feb 2023 Direct F2

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 ACT Restricted Stock Units Options Exercise $0 -32.9K -17.74% $0.00 153K 11 Feb 2023 Common Stock 32.9K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit will settle into shares of Issuer common stock on a 1:1 basis.
F2 The Company withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units that vested on February 11, 2023.
F3 Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 11, 2023