Derek Brummer - 12 May 2021 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
14 May 2021, 21:32:36 UTC
Prior SEC filing
12 May 2021
Next SEC filing
18 May 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact

Key filing fact

Derek Brummer filed Form 4 for RADIAN GROUP INC (RDN) on 14 May 2021.

Key facts

  • This page summarizes Derek Brummer's Form 4 filing for RADIAN GROUP INC (RDN).
  • 4 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 14 May 2021, 21:32.

Change

  • Previous filing in this sequence was filed on 12 May 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RDN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+11,127
Change %
+6.6%
Price
$0.000000
Shares after
179,992
Date
13 May 2021
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RDN transaction Derivative

Restricted Stock Units - Time Vested Award

Award

Transaction value
Shares
+30,850
Change %
Price
Shares after
30,850
Date
12 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,850
Exercise price
$0.000000
Footnotes
F2, F3, F6
RDN transaction Derivative

Restricted Stock Units - Performance Award

Award

Transaction value
Shares
+51,620
Change %
Price
Shares after
51,620
Date
12 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
51,620
Exercise price
$0.000000
Footnotes
F2, F4, F5, F6
RDN transaction Derivative

Restricted Stock Units - Time-based Award

Options Exercise

Transaction value
Shares
-11,127
Change %
-33%
Price
Shares after
22,593
Date
13 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,127
Exercise price
$0.000000
Footnotes
F1, F2, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Vesting of one-third of the time-based RSUs granted on May 13, 2020.

Footnote F2

Each RSU represents a contingent right to receive one share of common stock.

Footnote F3

Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 15, 2021.

Footnote F4

The number of reported performance-based RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award.

Footnote F5

Vesting of the performance-based RSUs occurs on May 15, 2024 (between 0 and 103,240 shares), subject to the Company's cumulative growth in "LTI Book Value" per share (as defined in the grant document). Distribution of shares is generally subject to a one-year holding period after vesting.

Footnote F6

Not Applicable.

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