Mary Dickerson - 15 May 2023 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
Sr. Exec. Vice President - CPO
Signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
Issuer symbol
RDN
Transactions as of
15 May 2023
Net transactions value
-$37,335
Form type
4
Filing time
16 May 2023, 18:51:19 UTC
Previous filing
17 May 2022
Next filing
19 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 +1,537 +13% $0.000000 13,366 15 May 2023 Direct F1, F4, F5
transaction RDN Common Stock Options Exercise $0 +1,890 +14% $0.000000 15,256 15 May 2023 Direct F2, F5
transaction RDN Common Stock Tax liability $37,335 -1,491 -9.8% $25.04 13,765 15 May 2023 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 - Time Vested Award Options Exercise -1,537 -50% 1,537 15 May 2023 Common Stock 1,537 Direct F1, F5, F6
transaction RDN Restricted Stock Units - Time Vested Award Options Exercise -1,890 -33% 3,780 15 May 2023 Common Stock 1,890 Direct F2, F5, F6
* 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 12, 2021.
F2 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 11, 2022.
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 May 12, 2021 and May 11, 2022.
F4 Includes an aggregate 1,207 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan on June 30, 2022 and December 31, 2022.
F5 Each RSU represents a contingent right to receive one share of common stock.
F6 Not Applicable