Bradley M. Shuster - 10 Feb 2023 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
Executive Chairman, Director
Signature
/s/ Lynn Zheng, as Attorney-in-Fact
Issuer symbol
NMIH
Transactions as of
10 Feb 2023
Net transactions value
$0
Form type
4
Filing time
13 Feb 2023, 15:43:27 UTC
Previous filing
10 Feb 2023
Next filing
27 Feb 2023
SEC
View on sec.gov

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 -6,827 -1.6% $0.000000 433,359 10 Feb 2023 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -6,396 -1.5% $0.000000 426,963 12 Feb 2023 Direct F2, F3
holding NMIH Class A Common Shares, $0.01 par value per share 47,150 10 Feb 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 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 in three equal annual installments beginning on February 10, 2022.
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 in three equal annual installments beginning on February 12, 2021.
F3 Represents 347,640 Class A common shares and 79,323 unvested restricted stock units.