David B. Weinstock - 01 Mar 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
01 Mar 2023
Net transactions value
-$33,238
Form type
4
Filing time
03 Mar 2023, 19:55:38 UTC
Previous filing
10 Jan 2023
Next filing
16 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 +116 +0.42% 27,736 01 Mar 2023 Direct F1
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +1,233 +4.4% $0.000000 28,969 01 Mar 2023 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +973 +3.4% $0.000000 29,942 01 Mar 2023 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +477 +1.6% $0.000000 30,419 01 Mar 2023 Direct
transaction ESNT Common shares, par value $0.015 Tax liability $33,238 -771 -2.5% $43.11 29,648 01 Mar 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% $0.000000 56 01 Mar 2023 Common shares, par value $0.015 116 Direct F1
transaction ESNT Restricted share units Options Exercise $0 -1,233 -11% $0.000000 9,509 01 Mar 2023 Common shares, par value $0.015 1,233 Direct F3, F4
transaction ESNT Restricted share units Options Exercise $0 -973 -10% $0.000000 8,536 01 Mar 2023 Common shares, par value $0.015 973 Direct F3, F5
transaction ESNT Restricted share units Options Exercise $0 -477 -5.6% $0.000000 8,059 01 Mar 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.