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RADIAN GROUP INC — Director's Dealing 2021
May 12, 2021
31025_dirs_2021-05-12_a5ed9203-c09f-437e-8035-271566fece37.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: 2021-05-10
Reporting Person: Thornberry Richard G (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-10 | Common Stock | M | 22752 | — | Acquired | 163509 | Direct |
| 2021-05-10 | Common Stock | M | 173918 | $0.0 | Acquired | 337427 | Direct |
| 2021-05-10 | Common Stock | M | 10479 | $0.0 | Acquired | 347906 | Direct |
| 2021-05-10 | Common Stock | F | 10479 | $23.60 | Disposed | 337427 | 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 | 22752 | Disposed | Common Stock (22752) | Direct | |
| 2021-05-10 | Restricted Stock Units - Performance Award | $0 | M | 173918 | Disposed | Common Stock (173918) | Direct | |
| 2021-05-10 | Restricted Stock Units - Performance Award | $0.0 | M | 10479 | Disposed | Common Stock (10479) | 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: Represents restricted stock units that were granted May 10, 2017, which vested on May 10, 2020 and were subject to a one-year post-vest hold which was satisfied May 10, 2021.
F3: 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 262,920 performance-based RSUs granted May 9, 2018, net of which remain subject to a one year post-vest hold.
F4: 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.
F5: Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.
F6: Each RSU represents a contingent right to receive one share of common stock.
F7: Not Applicable.