Eric Ray - 09 May 2022 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
Sr. Exec Vice President
Signature
Edward J. Hoffman /s/, Edward J. Hoffman (POA) Atty-in-fact
Issuer symbol
RDN
Transactions as of
09 May 2022
Net transactions value
-$383,467
Form type
4
Filing time
10 May 2022, 17:24:14 UTC
Previous filing
18 May 2021
Next filing
13 May 2022
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 +43,400 +176% $0.000000 68,125 09 May 2022 Direct F1, F2
transaction RDN Common Stock Tax liability $383,467 -18,071 -27% $21.22 50,054 09 May 2022 Direct F3

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 - Performance Award Options Exercise -43,400 -100% 0 09 May 2022 Common Stock 43,400 $0.000000 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units that were granted May 9, 2018, which vested on May 9, 2021 and were subject to a one-year post-vest hold which was satisfied May 9, 2022.
F2 Each RSU represents a contingent right to receive one share of common stock.
F3 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 distribution of the performance-based RSUs granted May 9, 2018, following completion of the one-year hold period after vesting of the RSUs.
F4 Not Applicable.