RADIAN GROUP INC — Director's Dealing 2020

Mar 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RADIAN GROUP INC (RDN)
CIK: 0000890926
Period of Report: 2020-03-06

Reporting Person: Thornberry Richard G (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-06	Common Stock	M	17845	—	Acquired	105771	Direct
2020-03-06	Common Stock	F	8196	$22.56	Disposed	97575	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-06	Restricted Stock Unit - Time Vested Award	$	M	17845	Disposed		Common Stock (17845)	Direct

Footnotes

F1: Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on March 6, 2017 in connection with Mr. Thornberry's joining the Company.

F2: Vesting of time-based RSUs occurs pro rata on each of the second, third and fourth anniversaries of the date of grant. The time-vested RSUs have no voting rights.

F3: Includes 1,528 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan on June 30, 2019.

F4: 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 one-third of the time-vested RSUs granted March 6, 2017.

F5: Not Applicable