Mark Casale - Mar 1, 2022 Form 4 Insider Report for Essent Group Ltd. (ESNT)

Signature
/s/ Lawrence E. McAlee, as attorney-in-fact
Stock symbol
ESNT
Transactions as of
Mar 1, 2022
Transactions value $
-$1,867,376
Form type
4
Date filed
3/3/2022, 07:01 PM
Previous filing
Feb 10, 2022
Next filing
Mar 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESNT Common shares, par value $0.015 Options Exercise +3.77K +0.21% 1.79M Mar 1, 2022 Direct F1
transaction ESNT Common shares, par value $0.015 Tax liability -$1.87M -43.8K -2.44% $42.64 1.75M Mar 1, 2022 Direct F2
holding ESNT Common shares, par value $0.015 250K Mar 1, 2022 By Mark A Casale Trust

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 ESNT Dividend equivalent units Options Exercise $0 -3.77K -43.97% $0.00 4.8K Mar 1, 2022 Common shares, par value $0.015 3.77K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The dividend equivalent rights accrued on unvested restricted stock award(s) and/or unvested restricted stock unit award(s) and become vested proportionately with the award(s) to which they relate. Each dividend equivalent unit is the economic equivalent of one common share of Essent Group Ltd.
F2 Represents shares delivered to issuer to satisfy tax withholding obligations upon the vesting of restricted shares and related dividend equivalent units.