RADIAN GROUP INC — Director's Dealing 2014

Jun 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RADIAN GROUP INC (RDN)
CIK: 0000890926
Period of Report: 2014-06-09

Reporting Person: Ibrahim Sanford A (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-09	Common Stock	M	730300	—	Acquired	908950	Direct
2014-06-09	Common Stock	D	730300	$15.24	Disposed	178650	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-09	Restricted Stock Unit (cash-settled)	$0	M	730300	Acquired	2014-06-09	Common Stock (730300)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	500000	Indirect
Common Stock	12095	Indirect

Footnotes

F1: Represents the vesting and automatic cash settlement (at 111% of target) of performance-based Restricted Stock Units (cash-settled) granted June 9, 2011. Performance for this award was measured based on the Issuer's total stockholder return (TSR) compared to the median TSR of MGIC Investment Corporation and the companies listed on the NASDAQ 100 Financial Index..

F2: Transaction involved a gift of shares to a trust for the benefit of a member of the Reporting Person's family. The Reporting Person retains voting and investment control over the gifted shares and therefore, the 500,000 shares remain beneficially owned by the Reporting Person.

F3: N/A