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RADIAN GROUP INC — Director's Dealing 2024
May 25, 2024
31025_dirs_2024-05-24_2c41897c-591b-4c61-a98b-ddbc105e470d.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: 2024-05-22
Reporting Person: Hoffman Edward J (Sr. EVP, General Counsel)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-22 | Restricted Stock Units - Time-based Award | $0 | A | 16610 | Acquired | Common Stock (16610) | Direct | |
| 2024-05-22 | Restricted Stock Units - Performance Award | $0 | A | 27340 | Acquired | Common Stock (27340) | 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, 2024.
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, 2027 (between 0 and 54,680 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) as compared to the average TSR of a designated peer group, in each case over a three-year performance period. Distribution of the shares generally is subject to a one-year post-vest holding period.
F5: Not Applicable.