David B. Weinstock - Jan 7, 2023 Form 4 Insider Report for Essent Group Ltd. (ESNT)

Role
VP, CAO and Interim CFO
Signature
/s/ David B. Weinstock
Stock symbol
ESNT
Transactions as of
Jan 7, 2023
Transactions value $
-$9,599
Form type
4
Date filed
1/10/2023, 04:26 PM
Previous filing
Feb 8, 2023
Next filing
Mar 3, 2023

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 +2.64% $0.00 27.8K Jan 7, 2023 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +40 +0.14% $0.00 27.9K Jan 7, 2023 Direct
transaction ESNT Common shares, par value $0.015 Tax liability -$9.6K -249 -0.89% $38.55 27.6K Jan 7, 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 -13.45% $0.00 4.61K Jan 7, 2023 Common shares, par value $0.015 717 Direct F2, F3
transaction ESNT Dividend equivalent units Options Exercise $0 -40 -18.87% $0.00 172 Jan 7, 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.