William J. Leatherberry - Feb 10, 2022 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
EVP, General Counsel
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, 03:48 PM
Previous filing
Feb 11, 2022
Next filing
Feb 10, 2023

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 -4.34K -3.09% $0.00 136K Feb 10, 2022 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -2.95K -2.17% $0.00 133K Feb 12, 2022 Direct F2
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -4.63K -3.48% $0.00 128K Feb 13, 2022 Direct F3, F4
* 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. The restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date.
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 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date.
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 85,410 class A common shares and 43,020 unvested restricted stock units.