NMI Holdings, Inc. — Director's Dealing 2021

Mar 15, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NMI Holdings, Inc. (NMIH)
CIK: 0001547903
Period of Report: 2021-03-11

Reporting Person: Merkle Claudia J (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-11	Class A Common Shares, $0.01 par value per share	M	3101	$10	Acquired	160001	Direct
2021-03-11	Class A Common Shares, $0.01 par value per share	M	30247	$11.75	Acquired	190248	Direct
2021-03-11	Class A Common Shares, $0.01 par value per share	S	33348	$24.5962	Disposed	156900	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-11	Stock Option (right to buy)	$10.0	M	3101	Disposed	2022-11-07	Class A Common Shares, $0.01 par value per share (3101.0)	Direct
2021-03-11	Stock Option (right to buy)	$11.75	M	30247	Disposed	2023-02-14	Class A Common Shares, $0.01 par value per share (30247.0)	Direct

Footnotes

F1: The common stock was sold by the reporting person in a series of open market transactions on the transaction date at a weighted average sale price of $24.5962. The range of sale prices was $24.56 to $24.67. The reporting person undertakes to provide, upon request by SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.

F2: Represents 69,900 class A common shares and 87,000 unvested restricted stock units.

F3: The option vested in full on November 7, 2015.

F4: The option vested in full on February 14, 2016.