SEC Form 4 · accession 0001448893-18-000045
Essent Group Ltd. · ESNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Glanville
Director
Period of report
May 2, 2018
Accepted (ET)
May 4, 2018 · 9:23 pm EDT
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 | May 3, 2018 | M | 3,003 | — | A | 28,959 | 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 unitsF2 | — | May 2, 2018 | A | 3,214 | A | — | — | Common shares, par value $0.015 | 3,214 | 6,217 | D |
| Restricted share unitsF1,F3 | — | May 3, 2018 | M | 3,003 | D | — | — | Common shares, par value $0.015 | 3,003 | 3,214 | D |
Explanation of responses
- F1Restricted share units convert into common shares on a one-for-one basis.
- F2Granted under the issuer's 2013 Long-Term Incentive Plan pursuant to the issuer's director compensation plan and will vest in full on May 2, 2019. Each restricted share unit represents a contingent right to receive one ESNT common share.
- F3On May 3, 2017, the reporting person was granted 3,003 restricted share units which vested in full on May 3, 2018.