Michael E. Lehman - Feb 15, 2022 Form 4 Insider Report for MGIC INVESTMENT CORP (MTG)

Role
Director
Signature
Leslie A. Schunk, Attorney-in-Fact
Stock symbol
MTG
Transactions as of
Feb 15, 2022
Transactions value $
-$128,832
Form type
4
Date filed
2/15/2022, 04:28 PM
Previous filing
Feb 7, 2022
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MTG Common Stock 46.1K Feb 15, 2022 Direct

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 Disposed to Issuer -$129K -8.14K -84.85% $15.82 1.45K Feb 15, 2022 Common Stock 8.14K Direct F1, F2, F3
* 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 do not expire on a fixed date. The Share Units are settled in cash, generally within ten business days after February 1st in year after which they were awarded, unless a qualified election for later distribution is made by the reporting person.