NMI Holdings, Inc. — Director's Dealing 2021

Feb 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NMI Holdings, Inc. (NMIH)
CIK: 0001547903
Period of Report: 2021-02-12

Reporting Person: Smith Robert Owen (EVP, Chief Risk Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-12	Class A Common Shares, $0.01 par value per share	F	2662	—	Disposed	50342	Direct
2021-02-13	Class A Common Shares, $0.01 par value per share	F	2777	—	Disposed	47565	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 February 12, 2020, at a net settlement price equal to the closing stock price on February 12, 2021. Such restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date.

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 February 13, 2019, at a net settlement price equal to the closing stock price on February 12, 2021. Such restricted stock units vest in three equal annual installments beginning on February 13, 2020.

F3: Represents 13,902 class A common shares and 33,663 unvested restricted stock units.