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NMI Holdings, Inc. — Director's Dealing 2021
Mar 17, 2021
31383_dirs_2021-03-17_b00a1ba8-2017-4fba-b7e8-3f084cafde31.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NMI Holdings, Inc. (NMIH)
CIK: 0001547903
Period of Report: 2021-03-15
Reporting Person: Norberg Julie (SVP, Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-15 | Class A Common Shares, $0.01 par value per share | F | 919 | — | Disposed | 18876 | Direct |
| 2021-03-15 | Class A Common Shares, $0.01 par value per share | F | 1255 | — | Disposed | 17621 | Direct |
| 2021-03-15 | Class A Common Shares, $0.01 par value per share | F | 930 | — | Disposed | 16691 | Direct |
| 2021-03-15 | Restricted Stock Unit (right to receive) | A | 6404 | — | Acquired | 21515 | Direct |
Footnotes
F1: Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on March 15, 2018, at a net settlement price equal to the closing stock price on March 15, 2021. Such restricted stock units vested in full on March 15, 2021.
F2: Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on March 15, 2019, at a net settlement price equal to the closing stock price on March 15, 2021. Such restricted stock units vest in three equal annual installments beginning on March 15, 2020.
F3: Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on March 15, 2020, at a net settlement price equal to the closing stock price on March 15, 2021. Such restricted stock units vest in three equal annual installments beginning on March 15, 2021.
F4: Represents restricted stock units granted to the reporting person pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan on March 15, 2021. The restricted stock units vest in three equal annual installments beginning on March 15, 2022.
F5: Represents 6,108 class A common shares and 15,407 unvested restricted stock units. The class A common share count reflects a transfer of 1,580 shares to the reporting person's ex spouse on March 15, 2021 pursuant to a property settlement agreement.