Michael Curry Montgomery - Sep 9, 2022 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
Director
Signature
/s/ Lynn Zheng as Attorney-in-Fact
Stock symbol
NMIH
Transactions as of
Sep 9, 2022
Transactions value $
-$398,520
Form type
4
Date filed
9/13/2022, 04:08 PM
Previous filing
May 18, 2022
Next filing
May 15, 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 $378K +37.8K +93.54% $10.00 78.2K Sep 9, 2022 Direct
transaction NMIH Class A Common Shares, $0.01 par value per share Sale -$399K -19.6K -25.09% $20.30 58.6K Sep 9, 2022 Direct F1, F2

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 -$378K -37.8K -100% $10.00 0 Sep 9, 2022 Class A Common Shares, $0.01 par value per share 37.8K $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 prices was $20.25 to $20.37. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a securityholder of the issuer, full information regarding the number of shares sold at each price.
F2 Represents 51,667 Class A common shares and 6,940 unvested restricted stock units.
F3 The options vested in full on November 8, 2015.