David B. Weinstock - 12 Feb 2025 Form 4 Insider Report for Essent Group Ltd. (ESNT)

Role
SVP and CFO
Signature
/s/ David B. Weinstock
Issuer symbol
ESNT
Transactions as of
12 Feb 2025
Net transactions value
+$900,111
Form type
4
Filing time
14 Feb 2025, 17:01:48 UTC
Previous filing
13 Jan 2025
Next filing
04 Mar 2025
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 $600,055 +10,507 +18% $57.11 69,819 12 Feb 2025 Common shares, par value $0.015 10,507 Direct F1, F2
transaction ESNT Restricted share units Award $300,056 +5,254 +7.5% $57.11 75,073 12 Feb 2025 Common shares, par value $0.015 5,254 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted share units convert into common shares on a one-for-one basis.
F2 Represents restricted share units 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, 2025 and vesting on March 1, 2028.
F3 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, 2026, 2027 and 2028.