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Essent Group Ltd. — Director's Dealing 2016
May 6, 2016
30885_dirs_2016-05-05_4799247c-b672-4f4b-bdf3-0917a6a66a23.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: Hissong Joseph (Senior Vice President)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common shares, par value $0.015 | 55841 | Direct |
Footnotes
F1: Represents restricted shares granted under the issuer's 2013 Long-Term Incentive Plan, of which (i) 20,203 shares are subject to time-based vesting in equal installments on each of July 1, 2016, 2017, 2018 and 2019, (ii) 5,145 shares were granted as part of the reporting person's annual bonus for 2015 and will vest in equal installments on each of March 1, 2017, 2018 and 2019, (iii) 5,145 shares are subject to time-based vesting and will vest in equal installments on each of March 1, 2017, 2018 and 2019, (iv) 20,203 shares will become 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 July 1, 2019, and (v) 5,145 shares will become 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.