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RADIAN GROUP INC Director's Dealing 2011

Mar 7, 2011

31025_dirs_2011-03-07_e9ad4a70-5141-40a8-a823-cfd191fe0786.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RADIAN GROUP INC (RDN)
CIK: 0000890926
Period of Report: 2011-03-03

Reporting Person: NICHOLSON JAN (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-03-03 divident equivalent rights $0 A 18.8689 Acquired common stock (18.8689) Direct

Footnotes

F1: 1-for-1.

F2: Dividend equivalents accrued on unvested Phantom Stock Units. Dividend equivalents reported herein are related to various Phantom Stock Unit awards outstanding. Dividend equivalent rights accrued on phantom stock units will be settled proportionately with the previously granted awards to which they relate. Awards will be settled in stock upon retirement from the Board of Directors. The total number of derivative securities beneficially owned was adjusted down by 19.9970 shares to correct for rounding.

F3: Not applicable to this transaction.