Bradley M. Shuster - 10 Feb 2022 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
Executive Chairman, Director
Signature
/s/ Lynn Zheng, as Attorney-in-Fact
Issuer symbol
NMIH
Transactions as of
10 Feb 2022
Net transactions value
$0
Form type
4
Filing time
14 Feb 2022, 15:47:08 UTC
Previous filing
11 Feb 2022
Next filing
28 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -6,959 -1.6% $0.000000 419,979 10 Feb 2022 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -6,395 -1.5% $0.000000 413,584 12 Feb 2022 Direct F2
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -8,097 -2% $0.000000 405,487 13 Feb 2022 Direct F3, F4
holding NMIH Class A Common Shares, $0.01 par value per share 47,150 10 Feb 2022 By Shuster Family Trust, of which Mr. Shuster and his wife are co-trustees and beneficiaries
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on February 10, 2021 at a net settlement price equal to the closing stock price on February 10, 2022. Such restricted stock units vest in three equal annual installments beginning on February 10, 2021.
F2 Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on February 12, 2020, at a net settlement price equal to the closing stock price on February 11, 2022. Such restricted stock units vest in three equal annual installments beginning on February 12, 2021.
F3 Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on February 13, 2019, at a net settlement price equal to the closing stock price on February 11, 2022. Such restricted stock units vest in three equal annual installments beginning on February 13, 2020.
F4 Represents 328,274 class A common shares and 77,213 unvested restricted stock units.