David B. Weinstock - 08 Jan 2024 Form 4 Insider Report for Essent Group Ltd. (ESNT)

Role
SVP and CFO
Signature
/s/ David B. Weinstock
Issuer symbol
ESNT
Transactions as of
08 Jan 2024
Net transactions value
-$17,989
Form type
4
Filing time
11 Jan 2024, 18:10:29 UTC
Previous filing
13 Dec 2023
Next filing
07 Feb 2024
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 $0 +1,003 +3.9% $0.000000 26,651 08 Jan 2024 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise +22 +0.08% 26,673 08 Jan 2024 Direct F1
transaction ESNT Common shares, par value $0.015 Tax liability $17,989 -337 -1.3% $53.38 26,336 08 Jan 2024 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 Restricted share units Options Exercise $0 -1,003 -12% $0.000000 7,056 08 Jan 2024 Common shares, par value $0.015 1,003 Direct F3, F4
transaction ESNT Dividend equivalent units Options Exercise $0 -22 -2.6% $0.000000 831 08 Jan 2024 Common shares, par value $0.015 22 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 share units.
F3 Restricted share units convert into common shares on a one-for-one basis.
F4 On January 6, 2023, the reporting person was granted 3,010 restricted share units, vesting in equal installments on each of January 8, 2024, 2025 and 2026.