Norman Peter Fitzgerald - Mar 15, 2022 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
EVP, Chief Sales Officer
Signature
Lynn Zheng as Attorney-In-Fact
Stock symbol
NMIH
Transactions as of
Mar 15, 2022
Transactions value $
$0
Form type
4
Date filed
3/17/2022, 09:31 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 -949 -1.67% $0.00 55.8K Mar 15, 2022 Direct F1, F2
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -2.85K -5.11% $0.00 52.9K Mar 15, 2022 Direct F3
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -1.12K -2.11% $0.00 51.8K Mar 15, 2022 Direct F4
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -891 -1.72% $0.00 50.9K Mar 15, 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 Adjusted to eliminate an inadvertent overstatement of 8,278 restricted stock units that was incorrectly included the total number of number of securities beneficially owned and reported on a February 9, 2022 Form 3 and to reflect the actual number of restricted stock units held by Mr. Fitzgerald following the grant reported on this Form 4.
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, 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.
F4 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.
F5 Represents 25,039 class A common shares and 25,861 unvested restricted stock units.