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RADIAN GROUP INC — Director's Dealing 2015
Mar 3, 2015
31025_dirs_2015-03-03_7e6e273e-8847-4c84-a677-ae7d9dfe974f.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: 2015-03-03
Reporting Person: Ibrahim Sanford A (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-03 | Common Stock | M | 150000 | $2.48 | Acquired | 330394 | Direct |
| 2015-03-03 | Common Stock | S | 150000 | $16.2484 | Disposed | 180394 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-03 | Non-qualified Stock Option | $2.48 | M | 150000 | Disposed | 2015-08-07 | Common Stock (150000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 500000 | Indirect |
Footnotes
F1: This reflects a disposition of shares acquired pursuant to the exercise of Non-Qualified Stock Options that were scheduled to expire on August 7, 2015.
F2: Represents shares held in 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: Non-Qualified Stock Options vested 50% on 08/07/2011 and 50% on 08/07/2012.
F4: Not Applicable.