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NMI Holdings, Inc. — Director's Dealing 2021
Mar 5, 2021
31383_dirs_2021-03-04_93d61285-0ee9-4644-a8c9-f7c758938113.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: 2021-03-02
Reporting Person: Merkle Claudia J (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-02 | Class A Common Shares, $0.01 par value per share | M | 7921 | $10 | Acquired | 164821 | Direct |
| 2021-03-02 | Class A Common Shares, $0.01 par value per share | S | 7921 | $24.5266 | Disposed | 156900 | Direct |
| 2021-03-03 | Class A Common Shares, $0.01 par value per share | M | 978 | $10 | Acquired | 157878 | Direct |
| 2021-03-03 | Class A Common Shares, $0.01 par value per share | S | 978 | $24.5054 | Disposed | 156900 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-02 | Stock Option (right to buy) | $10.0 | M | 7921 | Disposed | 2022-11-07 | Class A Common Shares, $0.01 par value per share (7921.0) | Direct |
| 2021-03-03 | Stock Option (right to buy) | $10.0 | M | 978 | Disposed | 2022-11-07 | Class A Common Shares, $0.01 par value per share (978.0) | 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 $24.5266. The range of sale prices was $24.50 to $24.57. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
F2: 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 $24.5054. The range of sale prices was $24.50 to $24.52. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
F3: Represents 69,900 class A common shares and 87,000 unvested restricted stock units.
F4: The option vested in full on November 7, 2015.