David B. Weinstock - Mar 1, 2024 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 1, 2024
Transactions value $
-$62,623
Form type
4
Date filed
3/5/2024, 09:21 PM
Previous filing
Feb 7, 2024
Next filing
Mar 26, 2024

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% $0.00 27.3K Mar 1, 2024 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +477 +1.75% $0.00 27.8K Mar 1, 2024 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +1.04K +3.74% $0.00 28.8K Mar 1, 2024 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise $0 +1.63K +5.65% $0.00 30.5K Mar 1, 2024 Direct
transaction ESNT Common shares, par value $0.015 Options Exercise +129 +0.42% 30.6K Mar 1, 2024 Direct F1
transaction ESNT Common shares, par value $0.015 Tax liability -$62.6K -1.17K -3.82% $53.57 29.4K Mar 1, 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 -1.51% $0.00 63.5K Mar 1, 2024 Common shares, par value $0.015 975 Direct F3, F4
transaction ESNT Restricted share units Options Exercise $0 -477 -0.75% $0.00 63K Mar 1, 2024 Common shares, par value $0.015 477 Direct F3, F5
transaction ESNT Restricted share units Options Exercise $0 -1.04K -1.65% $0.00 61.9K Mar 1, 2024 Common shares, par value $0.015 1.04K Direct F3, F6
transaction ESNT Restricted share units Options Exercise $0 -1.63K -2.63% $0.00 60.3K Mar 1, 2024 Common shares, par value $0.015 1.63K Direct F3, F7
transaction ESNT Dividend equivalent units Options Exercise $0 -129 -15.52% $0.00 702 Mar 1, 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.