David B. Weinstock - 01 Mar 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
01 Mar 2024
Net transactions value
-$62,623
Form type
4
Filing time
05 Mar 2024, 21:21:53 UTC
Previous filing
07 Feb 2024
Next filing
26 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 Options Exercise $0 +975 +3.7% $0.000000 27,311 01 Mar 2024 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +477 +1.7% $0.000000 27,788 01 Mar 2024 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +1,039 +3.7% $0.000000 28,827 01 Mar 2024 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +1,629 +5.7% $0.000000 30,456 01 Mar 2024 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise +129 +0.42% 30,585 01 Mar 2024 Direct F1
transaction ESNT Common shares, par value $0.015 Tax liability $62,623 -1,169 -3.8% $53.57 29,416 01 Mar 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 -975 -1.5% $0.000000 63,460 01 Mar 2024 Common shares, par value $0.015 975 Direct F3, F4
transaction ESNT Restricted share units Options Exercise $0 -477 -0.75% $0.000000 62,983 01 Mar 2024 Common shares, par value $0.015 477 Direct F3, F5
transaction ESNT Restricted share units Options Exercise $0 -1,039 -1.6% $0.000000 61,944 01 Mar 2024 Common shares, par value $0.015 1,039 Direct F3, F6
transaction ESNT Restricted share units Options Exercise $0 -1,629 -2.6% $0.000000 60,315 01 Mar 2024 Common shares, par value $0.015 1,629 Direct F3, F7
transaction ESNT Dividend equivalent units Options Exercise $0 -129 -16% $0.000000 702 01 Mar 2024 Common shares, par value $0.015 129 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 and related dividend equivalent units.
F3 Restricted share units convert into common shares on a one-for-one basis.
F4 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.
F5 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.
F6 On February 7, 2023, the reporting person was granted 3,118 restricted share units, vesting in equal installments on each of March 1, 2024, 2025 and 2026.
F7 On March 14, 2023, the reporting person was granted 4,890 restricted share units, vesting in equal installments on each of March 1, 2024, 2025 and 2026.