Adam Pollitzer - Feb 9, 2024 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
Chief Executive Officer, Director
Signature
/s/ Lynn Zheng, as Attorney-in-Fact
Stock symbol
NMIH
Transactions as of
Feb 9, 2024
Transactions value $
$0
Form type
4
Date filed
2/12/2024, 08:47 PM
Previous 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 -11.8K -3.76% $0.00 301K Feb 9, 2024 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -2.48K -0.82% $0.00 299K Feb 10, 2024 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 9, 2022 at a net settlement price equal to the closing stock price on February 9, 2024. The shares underlying these 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 10, 2021 at a net settlement price equal to the closing stock price on February 9, 2024. The shares underlying these 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 150,363 Class A common shares and 148,293 unvested restricted stock units.