SEC Form 4 · accession 0001628280-16-012268
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, 2016
Accepted (ET)
Mar 3, 2016 · 9:49 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, 2016 | M | 863 | — | A | 69,134 | D | |
| Common shares, par value $0.015F2 | Mar 1, 2016 | F | 264 | $19.95 | D | 68,870 | 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, 2016 | M | 863 | D | — | — | Common shares, par value $0.015 | 863 | 10,004 | 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, 2015, the reporting person was granted 2,588 restricted share units, vesting in equal installments on each of March 1, 2016, 2017 and 2018.