RADIAN GROUP INC — Director's Dealing 2020

May 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RADIAN GROUP INC (RDN)
CIK: 0000890926
Period of Report: 2020-05-12

Reporting Person: Hoffman Edward J (Sr. EVP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-12	Common Stock	M	1261	—	Acquired	90541	Direct
2019-05-14	Common Stock	F	2600	$14.86	Disposed	89280	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-12	Restricted Stock Unit - Performance Award	$0	M	1261	Disposed		Common Stock (1261)	Direct

Footnotes

F1: Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon the vesting of 30,252 Performance based RSUs granted May 10, 2017.

F2: Represents the total shares vested (net of shares withheld for taxes pursuant to our equity plan) based on performance of the May 10, 2017 RSU award. These vested shares are subject to a one year post vest holding period and will be distributed on May 10, 2021. These shares do not have voting rights until the holding period is met.

F3: Each RSU represents a contingent right to receive one share of common stock.

F4: Vesting occured on the third anniversary of the grant date based on satisfaction of perforrmance metrics, subject to the certification of these results on May 12, 2020.

F5: Not Applicable.