SEC Form 4 · accession 0001547903-18-000019
NMI Holdings, Inc. · NMIH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Claudia J Merkle
Officer — EVP, Chief Operating Officer
Period of report
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 5:36 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 | Feb 9, 2018 | F | 4,577 | $0.00 | D | 132,688 | D | |
| Class A Common Shares, $0.01 par value per shareF2,F3 | Feb 10, 2018 | F | 15,559 | $0.00 | D | 117,129 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on February 9, 2017, at a net settlement price equal to the closing stock price on February 9, 2018. Such restricted stock units vest in three equal annual installments beginning on February 9, 2018.
- F2Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on February 10, 2016, at a net settlement price equal to the closing stock price on February 9, 2018. Such restricted stock units vest in three equal annual installments beginning on February 10, 2017.
- F3Represents 35,251 class A common shares and 81,878 unvested restricted units.