Sheryl L. Sculley - May 27, 2021 Form 4 Insider Report for MGIC INVESTMENT CORP (MTG)

Role
Director
Signature
Martha F. Tsuchihashi, Attorney-in-Fact
Stock symbol
MTG
Transactions as of
May 27, 2021
Transactions value $
$0
Form type
4
Date filed
5/28/2021, 08:24 AM
Next filing
Aug 27, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MTG Share Units Award +72.7 +0.42% 17.6K May 27, 2021 Common Stock 72.7 Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person and/or acquired through compensation deferral.
F2 These Share Units do not have a specified dollar-denominated exercise or conversion price. Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.
F3 These Share Units were acquired through phantom dividend reinvestment and no price was paid by the reporting person for the Share Units.
F4 These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
F5 These Share Units do not expire on a fixed date. They will be settled in cash at the time the underlying units are settled.