Mohammad Nawaz Yousaf - 15 Mar 2022 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
EVP, Operations & Info. Tech.
Signature
/s/ Lynn Zheng as Attorney-in-Fact
Issuer symbol
NMIH
Transactions as of
15 Mar 2022
Net transactions value
$0
Form type
4
Filing time
17 Mar 2022, 20:40:29 UTC
Previous filing
11 Feb 2022
Next filing
13 Sep 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 -689 -1.6% $0.000000 43,605 15 Mar 2022 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -1,614 -3.7% $0.000000 41,991 15 Mar 2022 Direct F2
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -1,449 -3.5% $0.000000 40,542 15 Mar 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 March 15, 2019, at a net settlement price equal to the closing stock price on March 15, 2022. Such restricted stock units vested in full on March 15, 2022.
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 March 15, 2020, at a net settlement price equal to the closing stock price on March 15, 2022. Such restricted stock units vest in three equal annual installments beginning on March 15, 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 March 15, 2021, at a net settlement price equal to the closing stock price on March 15, 2022. Such restricted stock units vest in three equal annual installments beginning on March 15, 2022.
F4 Represents 9,507 Class A common shares and 31,035 unvested restricted stock units.