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

Role
SVP and CFO
Signature
/s/ David B. Weinstock
Issuer symbol
ESNT
Transactions as of
14 Mar 2023
Net transactions value
$0
Form type
4
Filing time
16 Mar 2023, 20:51:23 UTC
Previous filing
03 Mar 2023
Next filing
22 Mar 2023
SEC
View on sec.gov

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 +25,000 +310% $0.000000 33,059 14 Mar 2023 Common shares, par value $0.015 25,000 Direct F1
transaction ESNT Restricted share units Award $0 +4,890 +15% $0.000000 37,949 14 Mar 2023 Common shares, par value $0.015 4,890 Direct F2
transaction ESNT Restricted share units Award $0 +9,779 +26% $0.000000 47,728 14 Mar 2023 Common shares, par value $0.015 9,779 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.