Mark Casale - Mar 1, 2023 Form 4 Insider Report for Essent Group Ltd. (ESNT)

Role: Chairman, CEO and President, Director
Signature: /s/ David B. Weinstock
Stock symbol: ESNT
Transactions as of: Mar 1, 2023
Transactions value $: -$1,661,934
Form type: 4
Date filed: 3/3/2023, 07:55 PM
Previous filing: Feb 8, 2023
Next filing: Mar 22, 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		+4.32K	+0.21%		2.07M	Mar 1, 2023	Direct	F1
transaction	ESNT	Common shares, par value $0.015	Tax liability	-$1.66M	-38.6K	-1.86%	$43.11	2.03M	Mar 1, 2023	Direct	F2
holding	ESNT	Common shares, par value $0.015						250K	Mar 1, 2023	By Mark A Casale Trust

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	Dividend equivalent units	Options Exercise	$0	-4.32K	-29.98%	$0.00	10.1K	Mar 1, 2023	Common shares, par value $0.015	4.32K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Represents shares delivered to issuer to satisfy tax withholding obligations upon the vesting of restricted shares and related dividend equivalent units.