SEC Form 4 · accession 0001628280-16-011151
Essent Group Ltd. · ESNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary Lourdes Gibbons
Officer — SVP and Chief Legal Officer
Period of report
Feb 10, 2016
Accepted (ET)
Feb 12, 2016 · 7:10 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 | Feb 10, 2016 | A | 7,717 | $17.01 | A | 269,959 | D | |
| Common shares, par value $0.015F2 | Feb 10, 2016 | A | 5,145 | $17.01 | A | 275,104 | D | |
| Common shares, par value $0.015F3 | Feb 10, 2016 | A | 5,145 | $17.01 | A | 280,249 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted shares granted under the issuer's 2013 Long-Term Incentive Plan as part of annual bonus for 2015. The restricted shares will vest in equal installments on each of March 1, 2017, 2018 and 2019.
- F2Represents restricted shares granted under the issuer's 2013 Long-Term Incentive Plan, with any shares becoming earned based upon the issuer's compounded annual book value per share growth percentage during a three-year performance period commencing January 1, 2016 and vesting on March 1, 2019.
- F3Represents restricted shares granted under the issuer's 2013 Long-Term Incentive Plan subject to time-based vesting in equal installments on each of March 1, 2017, 2018 and 2019.