David B. Weinstock - Mar 14, 2023 Form 4 Insider Report for Essent Group Ltd. (ESNT)

Role
SVP and CFO
Signature
/s/ David B. Weinstock
Stock symbol
ESNT
Transactions as of
Mar 14, 2023
Transactions value $
$0
Form type
4
Date filed
3/16/2023, 08:51 PM
Previous filing
Mar 3, 2023
Next filing
Mar 22, 2023

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 Award $0 +25K +310.21% $0.00 33.1K Mar 14, 2023 Common shares, par value $0.015 25K Direct F1
transaction ESNT Restricted share units Award $0 +4.89K +14.79% $0.00 37.9K Mar 14, 2023 Common shares, par value $0.015 4.89K Direct F2
transaction ESNT Restricted share units Award $0 +9.78K +25.77% $0.00 47.7K Mar 14, 2023 Common shares, par value $0.015 9.78K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted share units granted under the issuer's 2013 Long-Term Incentive Plan subject to time-based vesting in equal installments on each of April 1, 2026, 2027 and 2028.
F2 Represents restricted share units 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.
F3 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.