Patrick L. Mathis - 10 Feb 2022 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
EVP, Chief Operating Officer
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, 18:15:13 UTC
Previous filing
21 May 2021
Next filing
18 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 -4,183 -8.1% $0.000000 47,174 10 Feb 2022 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -2,827 -6% $0.000000 44,347 12 Feb 2022 Direct F2
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -3,524 -7.9% $0.000000 40,823 13 Feb 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 25,881 class A common shares and 14,942 unvested restricted stock units.