Edward J. Hoffman - May 10, 2021 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
Sr. EVP, General Counsel
Signature
/s/ Edward J. Hoffman
Stock symbol
RDN
Transactions as of
May 10, 2021
Transactions value $
-$43,448
Form type
4
Date filed
5/12/2021, 09:28 AM
Next filing
May 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Options Exercise $0 +3.91K +4.28% $0.00 95.4K May 10, 2021 Direct F1, F6
transaction RDN Common Stock Options Exercise $0 +29K +30.38% $0.00 124K May 10, 2021 Direct F2, F6
transaction RDN Common Stock Options Exercise $0 +1.84K +1.48% $0.00 126K May 10, 2021 Direct F3, F6
transaction RDN Common Stock Tax liability -$43.4K -1.84K -1.46% $23.60 124K May 10, 2021 Direct F3

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 RDN Restricted Stock Units - Time-based Award Options Exercise -3.91K -100% 0 May 10, 2021 Common Stock 3.91K $0.00 Direct F1, F6, F7
transaction RDN Restricted Stock Units - Performance Award Options Exercise -29K -100% 0 May 10, 2021 Common Stock 29K $0.00 Direct F2, F6, F7
transaction RDN Restricted Stock Units - Performance Award Options Exercise -1.84K -4.07% 43.4K May 10, 2021 Common Stock 1.84K $0.00 Direct F3, F4, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 9, 2018.
F2 Represents restricted stock units that were granted May 10, 2017, which vested on May 10, 2020 and were subject to a one-year post-vest hold which was satisfied May 10, 2021.
F3 Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon the vesting of 45,202 performance-based RSUs granted May 9, 2018, net of which remain subject to a one year post-vest hold.
F4 Represents the total shares vested (net of shares withheld for taxes pursuant to our equity plan) based on performance of performance-based RSU awards granted May 9, 2018. These vested shares remain subject to a one-year post-vest holding period.
F5 Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.
F6 Each RSU represents a contingent right to receive one share of common stock.
F7 Not Applicable.