Eric Ray - 10 May 2021 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
Senior Exec Vice President
Signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
Issuer symbol
RDN
Transactions as of
10 May 2021
Net transactions value
-$42,527
Form type
4
Filing time
12 May 2021, 09:24:52 UTC
Next filing
14 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Options Exercise $0 +3,914 +25% $0.000000 19,373 10 May 2021 Direct F1, F5
transaction RDN Common Stock Options Exercise $0 +1,802 +9.3% $0.000000 21,175 10 May 2021 Direct F2, F5
transaction RDN Common Stock Tax liability $42,527 -1,802 -8.5% $23.60 19,373 10 May 2021 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 RDN Restricted Stock Units - Time-based Award Options Exercise -3,914 -100% 0 10 May 2021 Common Stock 3,914 $0.000000 Direct F1, F5, F6
transaction RDN Restricted Stock Units - Performance Award Options Exercise -1,802 -4% 43,400 10 May 2021 Common Stock 1,802 $0.000000 Direct F2, F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 9, 2018.
F2 Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon the vesting of 45,202 performance-based RSUs granted May 9, 2018, net of which remain subject to a one year post-vest hold.
F3 Represents the total shares vested (net of shares withheld for taxes pursuant to our equity plan) based on performance of performance-based RSU awards granted May 9, 2018. These vested shares remain subject to a one-year post-vest holding period.
F4 Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.
F5 Each RSU represents a contingent right to receive one share of common stock.
F6 Not Applicable.