SEC Form 4 · accession 0001547903-19-000033
NMI Holdings, Inc. · NMIH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Ozanne
Director
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 6:21 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 share | Feb 15, 2019 | M | 37,000 | $10.00 | A | 111,629 | D | |
| Class A Common Shares, $0.01 par value per shareF1,F2 | Feb 15, 2019 | S | 16,297 | $23.7788 | D | 95,332 | D | |
| Class A Common Shares, $0.01 par value per share | holding | — | — | — | 35,000 | I | By LLC |
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)F3 | $10.00 | Feb 15, 2019 | M | 37,000 | D | — | Apr 24, 2022 | Class A Common Shares, $0.01 par value per share | 37,000 | 38,265 | D |
Explanation of responses
- F1The common stock was sold by the reporting person in a series of open market transactions on the transaction date at a weighted average sale price of $23.7788. The range of prices on the transaction date was $23.761 to $23.80. 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 shares sold at each price.
- F2Represents 90,409 class A common shares and 4,923 unvested restricted stock units.
- F3The option vested in full on April 24, 2015.