NMI Holdings, Inc. — Director's Dealing 2021

May 14, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NMI Holdings, Inc. (NMIH)
CIK: 0001547903
Period of Report: 2021-05-10

Reporting Person: Pollitzer Adam (EVP, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-10	Class A Common Shares, $0.01 par value per share	F	18363	—	Disposed	112945	Direct

Footnotes

F1: Represents shares withheld by NMIH to to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on May 10, 2017, at a net settlement priceequal to the closing stock price on May 10, 2021. Such restricted stock units vest in five equal annual installments beginning on May 10, 2018.

F2: Represents 12,878 class A common shares and 100,067 unvested restricted stock units.