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

Role: Chairman, CEO and President, Director
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.