SEC Form 4 · accession 0001547903-16-000287
NMI Holdings, Inc. · NMIH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley M Shuster
Officer — CEO · Director
Period of report
Dec 23, 2016
Accepted (ET)
Dec 28, 2016 · 4:57 pm EST
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,F2 | Dec 23, 2016 | F | 5,218 | $0.00 | D | 507,074 | D | |
| Class A Common Shares, $0.01 par value per share | holding | — | — | — | 250,000 | I | By Shuster Family Trust, of which Mr. Shuster and his wife are co-trustees and beneficiaries |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares held my NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on December 23, 2015 at a net settlement price equal to the closing stock price on December 23, 2016. Such restricted stock units vest in three equal annual installments beginning December 23, 2016.
- F2Represents 251,160 class A common shares and 255,914 unvested restricted stock units.