Robert J. Candelmo - 22 Feb 2023 Form 4 Insider Report for MGIC INVESTMENT CORP (MTG)

Signature
Leslie A. Schunk, Attorney-in-Fact
Issuer symbol
MTG
Transactions as of
22 Feb 2023
Net transactions value
$0
Form type
4
Filing time
23 Feb 2023, 13:50:07 UTC
Previous filing
13 Feb 2023
Next filing
01 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTG Common Stock Award +4,846 +3.1% 159,942 22 Feb 2023 Direct F1, F2, F3
transaction MTG Common Stock Award +5,862 +3.7% 165,804 22 Feb 2023 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Issuer common stock to be issued under a restricted stock unit award granted to the Reporting Person on February 4, 2022. The award is subject to performance-vesting restrictions based on growth in adjusted book value per share. Performance with respect to the shares reported in Column 4 has been approved by the appropriate committee of Issuer's Board. Provided continued employment, the shares will be issued to the Reporting Person on February 28, 2023.
F2 These RSUs were awarded to the reporting person pursuant to the Issuer's 2020 Omnibus Incentive Plan and no price was paid by the reporting person for them.
F3 Of these shares, 69,201 shares are held jointly with his spouse.
F4 Represents shares of Issuer common stock to be issued under a restricted stock unit award granted to the Reporting Person on March 1, 2021. The award is subject to performance-vesting restrictions based on growth in adjusted book value per share. Performance with respect to the shares reported in Column 4 has been approved by the appropriate committee of Issuer's Board. Provided continued employment, the shares will be issued to the Reporting Person on March 10, 2023.