Michael E. Lehman - Feb 2, 2024 Form 4 Insider Report for MGIC INVESTMENT CORP (MTG)

Role
Director
Signature
Leslie A. Schunk, Attorney-in-Fact
Stock symbol
MTG
Transactions as of
Feb 2, 2024
Transactions value $
$125,000
Form type
4
Date filed
2/5/2024, 12:30 PM
Previous filing
Dec 14, 2023
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTG Common Stock Award $125K +6.31K +11.35% $19.81 61.9K Feb 2, 2024 Direct F1, 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
holding MTG Share Units 1.53K Feb 2, 2024 Share Units 1.53K Direct F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Restricted Stock Units (RSUs) will be settled in stock ten business days after February 1, 2025, unless a qualified election for a later distribution was made by the reporting person.
F2 These RSUs were awarded to the reporting person pursuant to the Issuer's 2020 Omnibus Incentive Plan and no price was paid by the reporting person for them.
F3 The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person and/or acquired through compensation deferral.
F4 These Share Units do not have a specified dollar-denominated exercise or conversion price. Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.
F5 These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
F6 These Share Units do not expire on a fixed date. They are settled in cash on a specified date, unless a qualified election for later distribution is made by the reporting person.