Ravi Mallela - Feb 8, 2023 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
Chief Financial Officer
Signature
/s/ Lynn Zheng as Attorney-in-Fact
Stock symbol
NMIH
Transactions as of
Feb 8, 2023
Transactions value $
$0
Form type
4
Date filed
2/10/2023, 04:01 PM
Previous filing
Feb 11, 2022
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NMIH Restricted Stock Unit (right to receive) Award $0 +19.4K +18.8% $0.00 123K Feb 8, 2023 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -20.8K -16.93% $0.00 102K Feb 9, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan on February 8, 2023. The restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date.
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 February 9, 2022 at a net settlement price equal to the closing stock price on February 9, 2023. The restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date.
F3 Represents 20,551 Class A common shares and 81,459 unvested restricted stock units.