RADIAN GROUP INC — Director's Dealing 2013

May 14, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RADIAN GROUP INC (RDN)
CIK: 0000890926
Period of Report: 2013-05-13

Reporting Person: Altman Richard (COO of Radian Guaranty Inc.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-13	Common Stock	M	4550	$13.26	Acquired	40141	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-13	Restricted Stock Unit (stock settled)	$0	M	4550	Disposed	2013-05-13	Common Stock (4550)	Direct

Footnotes

F1: Represents shares acquired upon vesting of 50% of outstanding performance-based Restricted Stock Units (stock settled) granted on May 12, 2010. Remaining 50% of outstanding award was canceled due to failure to satisfy certain performance metrics.

F2: Not Applicable.