RADIAN GROUP INC — Director's Dealing 2012

Jun 1, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: RADIAN GROUP INC (RDN)
CIK: 0000890926
Period of Report: 2012-05-30

Reporting Person: Serio Gregory (Director)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$0		Common Stock (46371)		Direct

Footnotes

F1: Award represents an annual equity award to non-employee directors granted on May 30, 2012.

F2: 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.

F3: Each RSU represents a contingent right to receive one share of common stock.