James G. Jones - 09 Sep 2022 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
Director
Signature
/s/ Lynn Zheng as Attorney-in-Fact
Issuer symbol
NMIH
Transactions as of
09 Sep 2022
Net transactions value
-$7,634
Form type
4
Filing time
13 Sep 2022, 16:03:59 UTC
Previous filing
18 May 2022
Next filing
15 May 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 Options Exercise $253,130 +25,313 +22% $10.00 141,946 09 Sep 2022 Direct
transaction NMIH Class A Common Shares, $0.01 par value per share Sale $513,894 -25,313 -18% $20.30 116,633 09 Sep 2022 Direct F1, F2
holding NMIH Class A Common Shares, $0.01 par value per share 57,000 09 Sep 2022 By James G. Jones and Maria F. Jones Revocable Trust

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 $253,130 +25,313 $10.00 0 09 Sep 2022 Class A Common Shares, $0.01 par value per share 25,313 $10.00 Direct F3
* 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 $20.3016. The range of sale prices on the transaction date was $20.22 to $20.52. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
F2 Represents 109,693 class A common shares and 6,940 unvested restricted stock units.
F3 The options vested in full on November 8, 2015.