MARK CASALE - 07 Feb 2023 Form 4 Insider Report for Essent Group Ltd. (ESNT)

Role
Chairman, CEO and President, Director
Signature
/s/ David B. Weinstock (as attorney-in-fact)
Issuer symbol
ESNT
Transactions as of
07 Feb 2023
Net transactions value
+$10,500,051
Form type
4
Filing time
08 Feb 2023, 16:00:01 UTC
Previous filing
14 Dec 2022
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 Award $1,500,007 +34,475 +1.9% $43.51 1,861,825 07 Feb 2023 Direct F1
transaction ESNT Common shares, par value $0.015 Award $9,000,044 +206,850 +11% $43.51 2,068,675 07 Feb 2023 Direct F2
holding ESNT Common shares, par value $0.015 250,000 07 Feb 2023 By Mark A Casale Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted shares granted under the issuer's 2013 Long-Term Incentive Plan subject to time-based vesting in equal installments on each of March 1, 2024, 2025 and 2026.
F2 Represents restricted shares granted under the issuer's 2013 Long-Term Incentive Plan, with any shares becoming earned based upon the issuer's compounded annual book value per share growth percentage and relative total shareholder return during a three-year performance period commencing January 1, 2023 and vesting on March 1, 2026.