RADIAN GROUP INC — Director's Dealing 2017

May 15, 2017

SEC Form 4/A — Form 4/A

Issuer: RADIAN GROUP INC (RDN)
CIK: 0000890926
Period of Report: 2017-05-10

Reporting Person: HALL J FRANKLIN (EVP - Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-10	Restricted Stock Units -Performance Award (TSR Metric)	$0	A	10390	Acquired		Common Stock (10390)	Direct
2017-05-10	Restricted Stock Units -Performance Award (BV Metric)	$0	A	11230	Acquired		Common Stock (11230)	Direct

Footnotes

F1: Amendment to the Form 4 filed 5/12/17 is due to an error Footnote #3 and 4, and updated herein.

F2: Each Performance Based RSU represents a contingent right to receive one share of Radian Group Inc. common stock. The number of reported Performance Based RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award. Performance Based RSUs have no voting or dividend rights.

F3: Vesting of the Performance Based RSUs (TSR Metric) occurs on the third anniversary of the grant date, with payouts generally subject to a one year holding period after vesting. The award (representing between 0 and 20,780 shares) will vest based on the relative performance of Radian's total stockholder return against a designated peer group.

F4: Vesting of the Performance Based RSUs (BV Metric) occurs on the third anniversary of the grant date, with payouts generally subject to a one year holding period after vesting. The award (representing between 0 and 22,460 shares) will vest based on Radian's cumulative growth in "LTI Book Value" per share (as defined in the grant document).

F5: Not Applicable.