SEC Form 4 · accession 0001547903-15-000062

NMI Holdings, Inc. · NMIH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Apr 24, 2015

Accepted (ET)

Apr 28, 2015 · 7:17 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001547903

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class A Common Shares, $0.01 par value per share^F1	Apr 24, 2015	M	30,937	$0.00	A	65,827	D
Class A Common Shares, $0.01 par value per share^F3	Apr 28, 2015	S	12,938	$8.06	D	52,889	D
Class A Common Shares, $0.01 par value per share	holding	—	—		—	10,000	I	By Scheid Family Trust, of which Mr. Scheid and his wife are co-trustees and beneficiaries

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit (right to receive)^F1,F4	$0.00	Apr 24, 2015	M	30,937	D	—	—	Class A Common Shares, $0.01 par value per share	30,937	0	D

F1Restricted stock units convert into common stock on a one-for-one basis.
F2Represents shares sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 25, 2015.
F3The common stock was sold by the reporting person in a series of open market transactions on the transaction date, with a volume weighted average sale price of $8.06. The range of sale prices on the transaction date was $8.05 to $8.13 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
F4Granted pursuant to the NMIH 2012 Stock Incentive Plan on April 24, 2012. The restricted stock units vest in equal installments on the second and third anniversaries of the grant date.