SEC Form 4 · accession 0001448893-19-000024
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
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 9:48 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 | Mar 1, 2019 | M | 1,241 | $0.00 | A | 27,107 | D | |
| Common shares, par value $0.015F1 | Mar 1, 2019 | M | 768 | $0.00 | A | 27,875 | D | |
| Common shares, par value $0.015F1 | Mar 1, 2019 | M | 1,656 | $0.00 | A | 29,531 | D | |
| Common shares, par value $0.015F2 | Mar 1, 2019 | F | 1,152 | $43.69 | D | 28,379 | 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 | — | Mar 1, 2019 | M | 1,241 | D | — | — | Common shares, par value $0.015 | 1,241 | 15,813 | D |
| Restricted share unitsF1,F4 | — | Mar 1, 2019 | M | 768 | D | — | — | Common shares, par value $0.015 | 768 | 15,045 | D |
| Restricted share unitsF1,F5 | — | Mar 1, 2019 | M | 1,656 | D | — | — | Common shares, par value $0.015 | 1,656 | 13,389 | 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 February 10, 2016, the reporting person was granted 3,721 restricted share units, vesting in equal installments on each of March 1, 2017, 2018 and 2019.
- F4On February 8, 2017, the reporting person was granted 2,306 restricted share units, vesting in equal installments on each of March 1, 2018, 2019 and 2020.
- F5On February 7, 2018, the reporting person was granted 4,972 restricted share units, vesting in equal installments on each of March 1, 2019, 2020 and 2021.