Rohit Gupta - Feb 11, 2023 Form 4 Insider Report for Enact Holdings, Inc. (ACT)

Signature
/s/ Evan Stolove, by power of attorney
Stock symbol
ACT
Transactions as of
Feb 11, 2023
Transactions value $
-$236,366
Form type
4
Date filed
2/14/2023, 03:39 PM
Previous filing
Feb 13, 2023
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACT Common Stock Options Exercise +32.9K +89.54% 69.7K Feb 11, 2023 Direct F1
transaction ACT Common Stock Tax liability -$236K -9.71K -13.94% $24.34 59.9K Feb 11, 2023 Direct F2

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 ACT Restricted Stock Units Options Exercise $0 -32.9K -17.74% $0.00 153K Feb 11, 2023 Common Stock 32.9K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit will settle into shares of Issuer common stock on a 1:1 basis.
F2 The Company withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units that vested on February 11, 2023.
F3 Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 11, 2023