Norman Peter Fitzgerald - 08 Feb 2023 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
08 Feb 2023
Net transactions value
$0
Form type
4
Filing time
10 Feb 2023, 16:06:38 UTC
Previous filing
17 Mar 2022
Next filing
17 Feb 2023
SEC
View on sec.gov

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 +13,606 +27% $0.000000 64,506 08 Feb 2023 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -2,089 -3.2% $0.000000 62,417 09 Feb 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 27,130 Class A common shares and 35,287 unvested restricted stock units.