Aditya Dutt - 03 May 2022 Form 4 Insider Report for Essent Group Ltd. (ESNT)

Role
Director
Signature
Lawrence E. McAlee, as attorney-in-fact
Issuer symbol
ESNT
Transactions as of
03 May 2022
Net transactions value
$0
Form type
4
Filing time
05 May 2022, 17:36:26 UTC
Previous filing
23 Mar 2022
Next filing
15 Jun 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 +2,404 +7.4% 34,981 05 May 2022 Direct F1
transaction ESNT Common shares, par value $0.015 Options Exercise +42 +0.12% 35,023 05 May 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 Restricted share units Award $0 +2,969 +124% $0.000000 5,373 03 May 2022 Common shares, par value $0.015 2,969 Direct F1
transaction ESNT Restricted share units Options Exercise $0 -2,404 -45% $0.000000 2,969 05 May 2022 Common shares, par value $0.015 2,404 Direct F1, F3
transaction ESNT Dividend equivalent units Options Exercise $0 -42 -100% $0.000000* 0 05 May 2022 Common shares, par value $0.015 42 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted share units convert into common shares on a one-for-one basis.
F2 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.
F3 On May 5, 2021, the reporting person was granted 2,404 restricted share units which vested in full on May 5, 2022.