Eric Ray - 13 May 2022 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
Sr. Exec Vice President
Signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
Issuer symbol
RDN
Transactions as of
13 May 2022
Net transactions value
-$184,544
Form type
4
Filing time
17 May 2022, 16:23:08 UTC
Previous filing
13 May 2022
Next filing
16 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Options Exercise $0 +8,599 +17% $0.000000 58,653 13 May 2022 Direct F1, F8
transaction RDN Common Stock Options Exercise $0 +5,803 +9.9% $0.000000 64,456 15 May 2022 Direct F2, F8
transaction RDN Common Stock Options Exercise $0 +3,774 +5.9% $0.000000 68,230 15 May 2022 Direct F3, F8
transaction RDN Common Stock Options Exercise $0 +1,357 +2% $0.000000 69,587 15 May 2022 Direct F4, F8
transaction RDN Common Stock Tax liability $184,544 -8,709 -13% $21.19 60,878 15 May 2022 Direct F5

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 -8,599 -49% 8,862 13 May 2022 Common Stock 8,599 $0.000000 Direct F1, F8, F9
transaction RDN Restricted Stock Units - Time-based Award Options Exercise -5,803 -33% 11,607 15 May 2022 Common Stock 5,803 $0.000000 Direct F2, F8, F9
transaction RDN Restricted Stock Units - Time-based Award Options Exercise -3,774 -100% 0 15 May 2022 Common Stock 3,774 $0.000000 Direct F3, F8, F9
transaction RDN Restricted Stock Units - Performance Award Tax liability -1,357 -3.9% 33,520 15 May 2022 Common Stock 1,357 $0.000000 Direct F4, F6, F7, F8, F9
* 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 13, 2020.
F2 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 12, 2021.
F3 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 15, 2019.
F4 Represents the shares netted for taxes from the vesting of the performance-based RSU award granted May 15, 2019, which are subject to a one-year post vest holding period
F5 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 15, 2019, May 13, 2020 and May 12, 2021, as well as shares withheld by the Company to satisfy the tax liability incurred upon the vesting of performance-based RSUs granted May 15, 2019, net of which remain subject to a one year post-vest hold.
F6 Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.
F7 Pursuant to the terms of the Company???s equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 33,520 performance-based RSUs granted May 15, 2019.
F8 Each RSU represents a contingent right to receive one share of common stock.
F9 Not Applicable.