Vijay Bhasin - 01 Mar 2022 Form 4 Insider Report for Essent Group Ltd. (ESNT)

Role
SVP and Chief Risk Officer
Signature
/s/ Lawrence E. McAlee, as attorney-in-fact
Issuer symbol
ESNT
Transactions as of
01 Mar 2022
Transactions value $
-$369,220
Form type
4
Filing time
03 Mar 2022, 19:01:45 UTC
Previous filing
10 Feb 2022
Next filing
23 Mar 2022
SEC
View on sec.gov

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 +743 +0.35% 213K 01 Mar 2022 Direct F1
transaction ESNT Common shares, par value $0.015 Tax liability -$369K -8.66K -4.07% $42.64 204K 01 Mar 2022 Direct F2

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 -743 -47.2% $0.00 831 01 Mar 2022 Common shares, par value $0.015 743 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.