David B. Weinstock - Mar 1, 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
Mar 1, 2023
Transactions value $
-$33,238
Form type
4
Date filed
3/3/2023, 07:55 PM
Previous filing
Jan 10, 2023
Next filing
Mar 16, 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 +116 +0.42% 27.7K Mar 1, 2023 Direct F1
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +1.23K +4.45% $0.00 29K Mar 1, 2023 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +973 +3.36% $0.00 29.9K Mar 1, 2023 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +477 +1.59% $0.00 30.4K Mar 1, 2023 Direct
transaction ESNT Common shares, par value $0.015 Tax liability -$33.2K -771 -2.53% $43.11 29.6K Mar 1, 2023 Direct F2

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 -116 -67.44% $0.00 56 Mar 1, 2023 Common shares, par value $0.015 116 Direct F1
transaction ESNT Restricted share units Options Exercise $0 -1.23K -11.48% $0.00 9.51K Mar 1, 2023 Common shares, par value $0.015 1.23K Direct F3, F4
transaction ESNT Restricted share units Options Exercise $0 -973 -10.23% $0.00 8.54K Mar 1, 2023 Common shares, par value $0.015 973 Direct F3, F5
transaction ESNT Restricted share units Options Exercise $0 -477 -5.59% $0.00 8.06K Mar 1, 2023 Common shares, par value $0.015 477 Direct F3, F6
* 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 share units and related dividend equivalent units.
F3 Restricted share units convert into common shares on a one-for-one basis.
F4 On February 12, 2020, the reporting person was granted 3,697 restricted share units, vesting in equal installments on each of March 1, 2021, 2022 and 2023.
F5 On February 5, 2021, the reporting person was granted 2,921 restricted share units, vesting in equal installments on each of March 1, 2022, 2023 and 2024.
F6 On February 8, 2022, the reporting person was granted 1,433 restricted share units, vesting in equal installments on each of March 1, 2023, 2024 and 2025.