SEC Form 4 · accession 0001448893-18-000006
Essent Group Ltd. · ESNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Weinstock
Officer — VP & Chief Accounting Officer
Period of report
Jan 10, 2018
Accepted (ET)
Jan 12, 2018 · 4:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001448893
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common shares, par value $0.015F1 | Jan 10, 2018 | M | 1,079 | — | A | 26,864 | D | |
| Common shares, par value $0.015F2 | Jan 10, 2018 | F | 429 | $46.67 | D | 26,435 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted share unitsF1,F3 | — | Jan 10, 2018 | M | 1,079 | D | — | — | Common shares, par value $0.015 | 1,079 | 10,289 | D |
Explanation of responses
- F1Restricted share units convert into common shares on a one-for-one basis.
- F2Represents shares delivered to issuer to satisfy tax withholding obligations upon the vesting of restricted share units.
- F3On January 10, 2017, the reporting person was granted 3,239 restricted share units, vesting in equal installments on each of January 10, 2018, 2019 and 2020.