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RADIAN GROUP INC — Director's Dealing 2015
Jun 12, 2015
31025_dirs_2015-06-12_cdc56447-0af3-49ef-a28d-d080c989a2c9.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: RADIAN GROUP INC (RDN)
CIK: 0000890926
Period of Report: 2015-06-05
Reporting Person: Ibrahim Sanford A (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-06-05 | Common Stock | M | 679940 | — | Acquired | 860334 | Direct |
| 2015-06-05 | Common Stock | D | 679940 | $17.97 | Disposed | 180394 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-06-05 | Restricted Stock Unit (cash-settled) | $0 | M | 679940 | Acquired | 2015-06-05 | Common Stock (679940) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 500000 | Indirect |
| Common Stock | 12095 | Indirect |
Footnotes
F1: Represents the vesting (at the maximum of 116.85% of target for Mr. Ibrahim) and automatic cash settlement of performance-based Restricted Stock Units granted June 6, 2012. Performance for this award was measured based on the Issuer's total stockholder return (TSR) on an absolute basis and as compared to the median TSR of MGIC Investment Corporation and the companies listed on the NASDAQ 100 Financial Index..
F2: Pursuant to an election under the deferred compensation plan, Mr. Ibrahim previously elected to defer receipt of the value of the RSUs to a future date.
F3: 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.
F4: N/A