David B. Weinstock - Jan 7, 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
Jan 7, 2022
Transactions value $
-$11,978
Form type
4
Date filed
6/15/2022, 06:19 AM
Previous filing
Dec 14, 2021
Next filing
Feb 10, 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 $0 +715 +2.69% $0.00 27.3K Jan 7, 2022 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +24 +0.09% $0.00 27.4K Jan 7, 2022 Direct
transaction ESNT Common shares, par value $0.015 Tax liability -$12K -251 -0.92% $47.72 27.1K Jan 7, 2022 Direct

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 Options Exercise $0 -715 -11.83% $0.00 5.33K Jan 7, 2022 Common shares, par value $0.015 715 Direct F1, F2
transaction ESNT Dividend equivalent units Options Exercise $0 -24 -16.44% $0.00 122 Jan 7, 2022 Common shares, par value $0.015 24 Direct F3
transaction ESNT Dividend equivalent units Award $0 +28 +22.95% $0.00 150 Jun 10, 2022 Common shares, par value $0.015 28 Direct F3
* 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 On January 3, 2020, the reporting person was granted 2,147 restricted share units, vesting in equal installments on each of January 7, 2021, 2022 and 2023.
F3 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.