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Essent Group Ltd. — Director's Dealing 2016
May 6, 2016
30885_dirs_2016-05-05_08cddac8-944d-4e13-8320-f212cb57c153.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Essent Group Ltd. (ESNT)
CIK: 0001448893
Period of Report: 2016-02-10
Reporting Person: Cashmer Jeff (SVP & Chief Business Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common shares, par value $0.015 | 206753 | Direct |
Footnotes
F1: Includes 44,015 restricted shares granted under the issuer's 2013 Long-Term Incentive Plan subject to time-based vesting, with (i) 10,968 shares vesting on January 1, 2017, (ii) 9,667 shares vesting on March 1, 2017, (iii) 8,491 shares vesting on March 1, 2018, (iv) 9,375 shares vesting on January 1, 2019, and (v) 5,514 shares vesting on March 1, 2019.
F2: Includes 53,417 restricted shares granted under the issuer's 2013 Long-Term Incentive Plan subject to performance and time-based vesting, with (i) 37,500 shares becoming earned based upon the issuer's compounded annual book value per share growth percentage during a three-year performance period commencing January 1, 2014 and vesting on January 1, 2018, (ii) 3,521 shares becoming earned based upon the issuer's compounded annual book value per share growth percentage during a three-year performance period commencing January 1, 2014 and vesting on March 1, 2017, (iii) 3,577 shares becoming earned based upon the issuer's compounded annual book value per share growth percentage during a three-year performance period commencing January 1, 2015 and vesting on March 1, 2018, and (iv) 8,819 shares becoming earned based upon the issuer's compounded annual book value per share growth percentage during a three-year performance period commencing January 1, 2016 and vesting on March 1, 2019.