William J. Leatherberry - Feb 10, 2023 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Signature
/s/ Lynn Zheng as Attorney-in-Fact
Stock symbol
NMIH
Transactions as of
Feb 10, 2023
Transactions value $
$0
Form type
4
Date filed
2/13/2023, 03:42 PM
Previous filing
Feb 10, 2023
Next filing
Feb 9, 2024

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 Tax liability $0 -4.17K -2.62% $0.00 155K Feb 10, 2023 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -1.48K -0.95% $0.00 154K Feb 12, 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 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 10, 2021 at a net settlement price equal to the closing stock price on February 10, 2023. Such 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 12, 2020, at a net settlement price equal to the closing stock price on February 10, 2023. Such 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 107,820 Class A common shares and 45,914 unvested restricted stock units.