SEC Form 4 · accession 0001628280-17-001137
Essent Group Ltd. · ESNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence E McAlee Jr.
Officer — SVP & Chief Financial Officer
Period of report
Feb 8, 2017
Accepted (ET)
Feb 10, 2017 · 8:30 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 8, 2017 | A | 8,267 | $36.29 | A | 284,593 | D | |
| Common shares, par value $0.015F2 | Feb 8, 2017 | A | 8,267 | $36.29 | A | 292,860 | 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 subject to time-based vesting in equal installments on each of March 1, 2018, 2019 and 2020.
- 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, 2017 and vesting on March 1, 2020.