SEC Form 4 · accession 0001547903-18-000103
NMI Holdings, Inc. · NMIH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Scheid
Director
Period of report
Aug 3, 2018
Accepted (ET)
Aug 7, 2018 · 8:23 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 | Aug 3, 2018 | S | 11,500 | $21.5764 | D | 72,691 | D | |
| Class A Common Shares, $0.01 par value per share | Aug 3, 2018 | M | 10,000 | $10.00 | A | 82,691 | D | |
| Class A Common Shares, $0.01 par value per shareF2 | Aug 3, 2018 | S | 10,000 | $21.6618 | D | 72,691 | D | |
| Class A Common Shares, $0.01 par value per shareF3 | Aug 6, 2018 | S | 10,100 | $21.2363 | D | 62,591 | D | |
| Class A Common Shares, $0.01 par value per share | Aug 6, 2018 | M | 10,000 | $10.00 | A | 72,591 | D | |
| Class A Common Shares, $0.01 par value per shareF4 | Aug 6, 2018 | S | 10,000 | $20.9824 | D | 62,591 | D | |
| Class A Common Shares, $0.01 par value per shareF5 | Aug 7, 2018 | S | 8,400 | $21.9352 | D | 54,191 | D | |
| Class A Common Shares, $0.01 par value per share | Aug 7, 2018 | M | 15,000 | $10.00 | A | 69,191 | D | |
| Class A Common Shares, $0.01 par value per shareF6,F7 | Aug 7, 2018 | S | 15,000 | $21.6299 | D | 54,191 | 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 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F8 | $10.00 | Aug 3, 2018 | M | 10,000 | D | — | Apr 24, 2022 | Class A Common Shares, $0.01 par value per share | 10,000 | 65,625 | D |
| Stock Option (right to buy)F8 | $10.00 | Aug 6, 2018 | M | 10,000 | D | — | Apr 24, 2022 | Class A Common Shares, $0.01 par value per share | 10,000 | 55,625 | D |
| Stock Option (right to buy)F8 | $10.00 | Aug 7, 2018 | M | 15,000 | D | — | Apr 24, 2022 | Class A Common Shares, $0.01 par value per share | 15,000 | 40,625 | D |
Explanation of responses
- F1The 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 $21.5764. The range of sale prices on the transaction date was $21.355 to $21.83. 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.
- F2The 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 $21.6618. The range of sale prices on the transaction date was $21.30 to $22.025. 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.
- 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 $21.2363. The range of sale prices on the transaction date was $20.85 to $21.43. 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.
- F4The 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 $20.9824. The range of sale prices on the transaction date was $20.75 to $21.35. 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.
- F5The 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 $21.9352. The range of sale prices on the transaction date was $21.80773 to $22.00983. 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.
- F6The 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 $21.6299. The range of sale prices on the transaction date was $21.45 to $21.80. 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.
- F7Represents 49,268 class A common shares and 4,923 unvested restricted stock units.
- F8The stock option award vested in full on April 24, 2015.