SEC Form 4 · accession 0001547903-15-000087
NMI Holdings, Inc. · NMIH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James G Jones
Director
Period of report
May 8, 2015
Accepted (ET)
May 12, 2015 · 6:13 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 shareF1 | May 8, 2015 | M | 4,940 | $0.00 | A | 24,362 | D | |
| Class A Common Shares, $0.01 par value per shareF2 | May 8, 2015 | P | 12,000 | $7.90 | A | 57,000 | I | By James G. Jones and Maria F. Jones Revocable Trust |
Table II — derivative securities
| 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,F3 | — | May 8, 2015 | M | 4,940 | D | — | — | Class A Common Shares, $0.01 par value per share | 4,940 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2The common stock was purchased by the reporting person in a series of open market transactions on the transaction date, with a volume weighted average purchase price of $7.90. The range of purchase prices on the transaction date was $7.86 to $7.91 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 purchased at each price.
- F3On May 8, 2014, the reporting person was granted 4,940 restricted stock units, vesting on the first anniversary of the grant date.