Michael Curry Montgomery - 11 May 2023 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
Director
Signature
/s/ Lynn Zheng as Attorney-in-Fact
Issuer symbol
NMIH
Transactions as of
11 May 2023
Net transactions value
-$65,842
Form type
4
Filing time
15 May 2023, 16:30:01 UTC
Previous filing
13 Sep 2022
Next filing
13 May 2024
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 +5,847 +10% $0.000000 64,454 11 May 2023 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Sale $65,842 -2,776 -4.3% $23.72 61,678 12 May 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. The restricted stock units vest on the first anniversary of the grant date.
F2 The common stock was sold by the reporting person in a series of open market transactions at an average sale price of $23.7183. The range of sale prices on the transaction date was $23.7000 to $23.7300. The reporting person undertakes to provide, upon request by the SEC staff, NMIH or a security holder of NMIH, full information regarding the shares sold at each price.
F3 Represents 55,831 Class A common shares and 5,847 unvested restricted stock units.