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Essent Group Ltd. — Director's Dealing 2024
Feb 8, 2024
30885_dirs_2024-02-07_c3aefd25-e42b-458c-b659-d2fe0e5921c2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Essent Group Ltd. (ESNT)
CIK: 0001448893
Period of Report: 2024-02-06
Reporting Person: Bhasin Vijay (SVP and Chief Risk Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-06 | Common shares, par value $0.015 | A | 8354 | $53.87 | Acquired | 209873 | Direct |
| 2024-02-06 | Common shares, par value $0.015 | A | 16707 | $53.87 | Acquired | 226580 | Direct |
| 2024-02-06 | Common shares, par value $0.015 | D | 6904 | — | Disposed | 219676 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-06 | Dividend equivalent units | $ | D | 418 | Disposed | Common shares, par value $0.015 (418) | Direct |
Footnotes
F1: Represents restricted shares granted under the issuer's 2013 Long-Term Incentive Plan subject to time-based vesting in equal installments on each of March 1, 2025, 2026 and 2027.
F2: Represents restricted shares granted under the issuer's 2013 Long-Term Incentive Plan, with any shares becoming earned based upon the issuer's compounded annual book value per share growth percentage and relative total shareholder return during a three-year performance period commencing January 1, 2024 and vesting on March 1, 2027.
F3: The dividend equivalent rights accrued on unvested restricted stock award(s) and/or unvested restricted stock unit award(s) and become vested proportionately with the award(s) to which they relate. Each dividend equivalent unit is the economic equivalent of one common share of Essent Group Ltd.