J. Franklin Hall - May 13, 2022 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
Sr. EVP - CFO
Signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
Stock symbol
RDN
Transactions as of
May 13, 2022
Transactions value $
-$230,632
Form type
4
Date filed
5/17/2022, 04:29 PM
Previous 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 +9.61K +8.16% $0.00 127K May 13, 2022 Direct F1, F8
transaction RDN Common Stock Options Exercise $0 +7.25K +5.69% $0.00 135K May 15, 2022 Direct F2, F8
transaction RDN Common Stock Options Exercise $0 +4.28K +3.18% $0.00 139K May 15, 2022 Direct F3, F8
transaction RDN Common Stock Options Exercise $0 +1.6K +1.15% $0.00 141K May 15, 2022 Direct F4, F8
transaction RDN Common Stock Tax liability -$231K -10.9K -7.75% $21.19 130K May 15, 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 -9.61K -49.25% 9.9K May 13, 2022 Common Stock 9.61K $0.00 Direct F1, F8, F9
transaction RDN Restricted Stock Units - Time-based Award Options Exercise -7.25K -33.33% 14.5K May 15, 2022 Common Stock 7.25K $0.00 Direct F2, F8, F9
transaction RDN Restricted Stock Units - Time-based Award Options Exercise -4.28K -100% 0 May 15, 2022 Common Stock 4.28K $0.00 Direct F3, F8, F9
transaction RDN Restricted Stock Units - Performance Award Tax liability -1.6K -4.04% 37.9K May 15, 2022 Common Stock 1.6K $0.00 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 37,941 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 37,941 performance-based RSUs granted May 15, 2019.
F8 Each RSU represents a contingent right to receive one share of common stock.
F9 Not Applicable.