Richard G. Thornberry - May 15, 2024 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
Chief Executive Officer, Director
Signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
Stock symbol
RDN
Transactions as of
May 15, 2024
Transactions value $
$0
Form type
4
Date filed
5/17/2024, 05:29 PM
Previous filing
May 15, 2024
Next filing
May 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Options Exercise $0 +28.2K +3.22% $0.00 904K May 15, 2024 Direct F1, F8
transaction RDN Common Stock Options Exercise $0 +31.5K +3.48% $0.00 936K May 15, 2024 Direct F2, F8
transaction RDN Common Stock Options Exercise $0 +31.5K +3.36% $0.00 967K May 15, 2024 Direct F3, F8
transaction RDN Common Stock Options Exercise $0 +11.5K +1.19% $0.00 979K May 15, 2024 Direct F4, F8
transaction RDN Common Stock Tax liability $0 -50.1K -5.12% $0.00 929K May 15, 2024 Direct F5, F8

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 -28.2K -100% 0 May 15, 2024 Common Stock 28.2K Direct F1, F8, F9
transaction RDN Restricted Stock Units - Time-based Award Options Exercise -31.5K -50% 31.5K May 15, 2024 Common Stock 31.5K Direct F2, F8, F9
transaction RDN Restricted Stock Units - Time-based Award Options Exercise -31.5K -33.33% 62.9K May 15, 2024 Common Stock 31.5K Direct F3, F8, F9
transaction RDN Restricted Stock Units - Performance Award Options Exercise -11.5K -4.06% 272K May 15, 2024 Common Stock 11.5K 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 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 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023.
F4 Pursuant to the terms of the Company's equity incentive plan, represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 12, 2021, 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 May 12, 2021, May 11, 2022, and May 17, 2023, as well as shares withheld by the Company to satisfy the tax liability incurred upon the vesting of 283,520 performance-based RSUs granted May 12, 2021, 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 283,520 performance-based RSUs granted May 12, 2021.
F8 Each RSU represents a contingent right to receive one share of common stock.
F9 Not Applicable