Edward J. Hoffman - May 9, 2022 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 9, 2022
Transactions value $
-$386,565
Form type
4
Date filed
5/10/2022, 05:30 PM
Previous filing
Oct 4, 2021
Next filing
May 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Options Exercise $0 +43.4K +38.97% $0.00 155K May 9, 2022 Direct F1, F2
transaction RDN Common Stock Tax liability -$387K -18.2K -11.78% $21.22 136K May 9, 2022 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 - Performance Award Options Exercise -43.4K -100% 0 May 9, 2022 Common Stock 43.4K $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 Represents restricted stock units that were granted May 9, 2018, which vested on May 9, 2021 and were subject to a one-year post-vest hold which was satisfied May 9, 2022.
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 performance-based RSUs granted May 9, 2018, following completion of the one-year hold period after vesting of the RSUs.
F4 Not Applicable.