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

Role
EVP, Chief Sales Officer
Signature
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, 21:31:54 UTC
Previous filing
11 Feb 2022
Next filing
10 Feb 2023
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 -949 -1.7% $0.000000 55,754 15 Mar 2022 Direct F1, F2
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -2,847 -5.1% $0.000000 52,907 15 Mar 2022 Direct F3
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -1,116 -2.1% $0.000000 51,791 15 Mar 2022 Direct F4
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -891 -1.7% $0.000000 50,900 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 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.