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RADIAN GROUP INC — Director's Dealing 2012
Jun 1, 2012
31025_dirs_2012-06-01_78caf2c3-6d22-4228-b8d2-60aa07d032c9.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: 2012-05-30
Reporting Person: CULANG HOWARD BERNARD (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-05-31 | Dividend Equivalent Rights | $0 | A | 58.829 | Acquired | Common Stock (58.8292) | Direct | |
| 2012-05-31 | Restricted Stock Unit | $0 | A | 46371 | Acquired | Common Stock (46371) | Direct |
Footnotes
F1: Dividend equivalents accrued on previously awarded Phantom Stock Units. 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.
F2: Not applicable to this transaction.
F3: Award represents an annual equity award to non-employee directors.
F4: Each RSU represents a contingent right to receive one share of common stock.
F5: Each RSU vests on the third anniversary of the grant or earlier upon the reporting person's retirement, death or disability; following vesting, conversion of the RSUs into common stock will occur upon the reporting person's departure from the board of directors.