MARK CASALE - 06 Feb 2024 Form 4 Insider Report for Essent Group Ltd. (ESNT)

Role: Chairman, CEO and President, Director
Signature: /s/ David B. Weinstock, as attorney-in-fact
Issuer symbol: ESNT
Transactions as of: 06 Feb 2024
Net transactions value: +$10,500,017
Form type: 4
Filing time: 07 Feb 2024, 20:52:06 UTC
Previous filing: 13 Dec 2023
Next filing: 05 Mar 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	Award	$1,500,010	+27,845	+1.4%	$53.87	2,062,289	06 Feb 2024	Direct	F1
transaction	ESNT	Common shares, par value $0.015	Award	$9,000,007	+167,069	+8.1%	$53.87	2,229,358	06 Feb 2024	Direct	F2
transaction	ESNT	Common shares, par value $0.015	Disposed to Issuer	$0	-47,896	-2.1%	$0.000000	2,181,462	06 Feb 2024	Direct
holding	ESNT	Common shares, par value $0.015						250,000	06 Feb 2024	By Mark A Casale Trust

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	Disposed to Issuer	$0	-2,903	-12%	$0.000000	21,077	06 Feb 2024	Common shares, par value $0.015	2,903		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted shares granted under the issuer's 2013 Long-Term Incentive Plan subject to time-based vesting in equal installments on each of March 1, 2025, 2026 and 2027.
F2	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, 2024 and vesting on March 1, 2027.
F3	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.