David B. Weinstock - 07 Jan 2023 Form 4 Insider Report for Essent Group Ltd. (ESNT)

Role
VP, CAO and Interim CFO
Signature
/s/ David B. Weinstock
Issuer symbol
ESNT
Transactions as of
07 Jan 2023
Net transactions value
-$9,599
Form type
4
Filing time
10 Jan 2023, 16:26:11 UTC
Previous filing
08 Feb 2023
Next filing
03 Mar 2023
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 $0 +717 +2.6% $0.000000 27,829 07 Jan 2023 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +40 +0.14% $0.000000 27,869 07 Jan 2023 Direct
transaction ESNT Common shares, par value $0.015 Tax liability $9,599 -249 -0.89% $38.55 27,620 07 Jan 2023 Direct F1

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 -717 -13% $0.000000 4,614 07 Jan 2023 Common shares, par value $0.015 717 Direct F2, F3
transaction ESNT Dividend equivalent units Options Exercise $0 -40 -19% $0.000000 172 07 Jan 2023 Common shares, par value $0.015 40 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares delivered to issuer to satisfy tax withholding obligations upon the vesting of restricted share units and related dividend equivalent units.
F2 Restricted share units convert into common shares on a one-for-one basis.
F3 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.
F4 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.