Patrick L. Mathis - 16 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
16 Feb 2022
Net transactions value
-$794,547
Form type
4
Filing time
18 Feb 2022, 15:32:49 UTC
Previous filing
14 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 Options Exercise $185,470 +16,709 +41% $11.10 57,532 16 Feb 2022 Direct
transaction NMIH Class A Common Shares, $0.01 par value per share Options Exercise $410,746 +21,965 +38% $18.70 79,497 16 Feb 2022 Direct
transaction NMIH Class A Common Shares, $0.01 par value per share Options Exercise $395,404 +17,819 +22% $22.19 97,316 16 Feb 2022 Direct
transaction NMIH Class A Common Shares, $0.01 par value per share Sale $1,472,366 -56,493 -58% $26.06 40,823 16 Feb 2022 Direct F1, F2
transaction NMIH Class A Common Shares, $0.01 par value per share Sale $313,800 -12,000 -29% $26.15 28,823 16 Feb 2022 Direct F3, F4

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 NMIH Stock Option (right to buy) Options Exercise $0 -16,709 -100% $0.000000* 0 16 Feb 2022 Class A Common Shares, $0.01 par value per share 16,709 $11.10 Direct F5
transaction NMIH Stock Option (right to buy) Options Exercise $0 -21,965 -100% $0.000000* 0 16 Feb 2022 Class A Common Shares, $0.01 par value per share 21,965 $18.70 Direct F6
transaction NMIH Stock Option (right to buy) Options Exercise $0 -17,819 -100% $0.000000* 0 16 Feb 2022 Class A Common Shares, $0.01 par value per share 17,819 $22.19 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common stock was sold by the reporting person in a series of open market transactions on the transaction date at a weighted average sale price of $26.0628. The reporting person undertakes to provide, upon request by SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
F2 Represents 25,881 class A common shares and 14,942 unvested restricted stock units.
F3 The common stock was sold by the reporting person in a series of open market transactions on the transaction date at a weighted average sale price of $26.15. The reporting person undertakes to provide, upon request by SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
F4 Represents 13,881 class A common shares and 14,942 unvested restricted stock units.
F5 The option vested in full on February 9, 2020.
F6 The option vested in full on February 7, 2021.
F7 The option vested in full on February 13, 2022.