Bradley M. Shuster - Feb 8, 2023 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
Executive Chairman, Director
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, 04:13 PM
Previous filing
Jan 26, 2023
Next filing
Feb 13, 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 +41K +10.12% $0.00 447K Feb 8, 2023 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -6.34K -1.42% $0.00 440K Feb 9, 2023 Direct F2, F3
holding NMIH Class A Common Shares, $0.01 par value per share 47.2K Feb 8, 2023 By Shuster Family Trust, of which Mr. Shuster and his wife are co-trustees and beneficiaries
* 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 Amended and Restated 2014 Omnibus Incentive Plan on February 8, 2023. The shares underlying these restricted stock units vest in three equal annual installments beginning on February 8, 2024.
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 in three equal annual installments beginning on February 9, 2023.
F3 Represents 334,196 Class A common shares and 105,990 unvested restricted stock units.