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

Role
Executive Chairman, Director
Signature
/s/ Lynn Zheng, as Attorney-in-Fact
Stock symbol
NMIH
Transactions as of
Feb 10, 2022
Transactions value $
$0
Form type
4
Date filed
2/14/2022, 03:47 PM
Previous filing
Feb 11, 2022
Next filing
Feb 28, 2022

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 -6.96K -1.63% $0.00 420K Feb 10, 2022 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -6.4K -1.52% $0.00 414K Feb 12, 2022 Direct F2
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -8.1K -1.96% $0.00 405K Feb 13, 2022 Direct F3, F4
holding NMIH Class A Common Shares, $0.01 par value per share 47.2K Feb 10, 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.