Julie Norberg - 15 Mar 2022 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
SVP, Chief Accounting Officer
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, 20:44:49 UTC
Previous filing
12 Nov 2021
Next filing
13 May 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 -1,255 -5.7% $0.000000 20,824 15 Mar 2022 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -930 -4.5% $0.000000 19,894 15 Mar 2022 Direct F2
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -738 -3.7% $0.000000 19,156 15 Mar 2022 Direct F3
transaction NMIH Restricted Stock Unit (right to receive) Award $0 +11,530 +60% $0.000000 30,686 15 Mar 2022 Direct F4, F5
* 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 restricted stock units granted to the reporting person pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan on March 15, 2022. The restricted stock units vest in three equal annual installments beginning on March 15, 2023.
F5 Represents 5,526 class A common shares and 25,160 unvested restricted stock units.