| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NMIH | Restricted Stock Unit (right to receive) | Award | $0 | +92.3K | +66.26% | $0.00 | 232K | Feb 8, 2023 | Direct | F1 |
| transaction | NMIH | Class A Common Shares, $0.01 par value per share | Award | $0 | +25.7K | +11.09% | $0.00 | 257K | Feb 8, 2023 | Direct | F2 |
| transaction | NMIH | Class A Common Shares, $0.01 par value per share | Tax liability | $0 | -12.9K | -5.03% | $0.00 | 244K | Feb 8, 2023 | Direct | F3 |
| transaction | NMIH | Class A Common Shares, $0.01 par value per share | Tax liability | $0 | -11.5K | -4.71% | $0.00 | 233K | Feb 9, 2023 | Direct | F4, F5 |
| 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 | On February 12, 2020, the reporting person was granted performance-based restricted stock units (PRSUs) pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan. Each PRSU represents a contingent right to receive shares of NMIH's Class A common shares upon settlement. The PRSUs vest at the end of the three-year period following the grant on the date that the Compensation Committee of the Board of Directors certifies attainment, based on NMIH's satisfaction of certain performance criteria. The performance criteria were met on February 8, 2023, resulting in the issuance of 25,685 vested PRSUs. |
| F3 | Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of the PRSUs granted to the reporting person on February 12, 2020 at a net settlement price equal to the closing stock price on February 8, 2023. |
| 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 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. |
| F5 | Represents 87,721 Class A common shares and 145,196 unvested restricted stock units. |