Edward J. Hoffman - May 13, 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 13, 2022
Transactions value $
-$433,102
Form type
4
Date filed
5/17/2022, 04:40 PM
Previous filing
May 13, 2022
Next filing
Jun 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Sale -$209K -10K -7.33% $20.87 126K May 13, 2022 Direct F1
transaction RDN Common Stock Options Exercise $0 +9.61K +7.6% $0.00 136K May 13, 2022 Direct F2, F9
transaction RDN Common Stock Options Exercise $0 +7.25K +5.33% $0.00 143K May 15, 2022 Direct F3, F9
transaction RDN Common Stock Options Exercise $0 +4.28K +2.99% $0.00 148K May 15, 2022 Direct F4, F9
transaction RDN Common Stock Options Exercise $0 +1.58K +1.07% $0.00 149K May 15, 2022 Direct F5, F9
transaction RDN Common Stock Tax liability -$224K -10.6K -7.1% $21.19 139K May 15, 2022 Direct F6

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 -45.59% 11.5K May 13, 2022 Common Stock 9.61K $0.00 Direct F2, F9, F10
transaction RDN Restricted Stock Units - Time-based Award Options Exercise -7.25K -26.05% 20.6K May 15, 2022 Common Stock 7.25K $0.00 Direct F3, F9, F10
transaction RDN Restricted Stock Units - Time-based Award Options Exercise -4.28K -100% 0 May 15, 2022 Common Stock 4.28K $0.00 Direct F4, F9, F10
transaction RDN Restricted Stock Units - Performance Award Tax liability -1.58K -3.98% 38K May 15, 2022 Common Stock 1.58K $0.00 Direct F5, F7, F8, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale of Common Stock pursuant to a 10b5-1 trading plan.
F2 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 13, 2020.
F3 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 12, 2021.
F4 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 15, 2019.
F5 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
F6 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 37,964 performance-based RSUs granted May 15, 2019, net of which remain subject to a one year post-vest hold.
F7 Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.
F8 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 37,964 performance-based RSUs granted May 15, 2019.
F9 Each RSU represents a contingent right to receive one share of common stock.
F10 Not Applicable.