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RADIAN GROUP INC — Director's Dealing 2022
May 14, 2022
31025_dirs_2022-05-13_3b5ccd39-51e1-4983-ae20-e51a40c8d350.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: 2022-05-11
Reporting Person: Brummer Derek (President, Mortgage)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-11 | Restricted Stock Units - Time Vested Award | $0.0 | A | 33050 | Acquired | Common Stock (33050) | Direct | |
| 2022-05-11 | Restricted Stock Units - Performance Award | $0.0 | A | 54550 | Acquired | Common Stock (54550) | Direct |
Footnotes
F1: Each RSU represents a contingent right to receive one share of common stock.
F2: Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 15, 2022.
F3: 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.
F4: Vesting of the performance-based RSUs occurs on May 15, 2025 (between 0 and 109,100 shares), subject to the Company's cumulative growth in "LTI Book Value" per share (as defined in the grant document). Distribution of shares is generally subject to a one-year holding period after vesting.
F5: Not Applicable.