Edward J. Hoffman - May 17, 2021 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
Sr. EVP, General Counsel
Signature
Edward J. Hoffman /s/
Stock symbol
RDN
Transactions as of
May 17, 2021
Transactions value $
-$465,143
Form type
4
Date filed
5/18/2021, 04:08 PM
Previous filing
May 14, 2021
Next filing
Jul 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Options Exercise $0 +4.15K +3.1% $0.00 138K May 17, 2021 Direct F1, F2
transaction RDN Common Stock Tax liability -$465K -20.3K -14.65% $22.97 118K May 17, 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 Unit - Time-based Award Options Exercise -4.15K -49.25% 4.28K May 17, 2021 Common Stock 4.15K $0.00 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of one-third of the time-based RSUs granted on May 15, 2019.
F2 Each RSU represents a contingent right to receive one share of common stock.
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 distribution of the time-based RSUs granted on each of May 9, 2018, May 15, 2019 and May 13, 2020, as well as for the distribution of the performance-based RSUs granted May 10, 2017, following completion of the one-year hold period after vesting of the RSUs. For each of these awards, shares were distributed on May 17, 2021.
F4 Not Applicable.