RADIAN GROUP INC — Director's Dealing 2021

May 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RADIAN GROUP INC (RDN)
CIK: 0000890926
Period of Report: 2021-05-10

Reporting Person: Ray Eric (Senior Exec Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-10	Common Stock	M	3914	—	Acquired	19373	Direct
2021-05-10	Common Stock	M	1802	$0.0	Acquired	21175	Direct
2021-05-10	Common Stock	F	1802	$23.60	Disposed	19373	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-10	Restricted Stock Units - Time-based Award	$0	M	3914	Disposed		Common Stock (3914)	Direct
2021-05-10	Restricted Stock Units - Performance Award	$0.0	M	1802	Disposed		Common Stock (1802)	Direct

Footnotes

F1: Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 9, 2018.

F2: 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 45,202 performance-based RSUs granted May 9, 2018, net of which remain subject to a one year post-vest hold.

F3: Represents the total shares vested (net of shares withheld for taxes pursuant to our equity plan) based on performance of performance-based RSU awards granted May 9, 2018. These vested shares remain subject to a one-year post-vest holding period.

F4: Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.

F5: Each RSU represents a contingent right to receive one share of common stock.

F6: Not Applicable.