SEC Form 4/A · accession 0000876437-15-000040
MGIC INVESTMENT CORP · MTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Curt S Culver
Director
Period of report
Mar 1, 2015
Accepted (ET)
Mar 10, 2015 · 7:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000876437
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share UnitsF1,F2,F6,F3,F4,F5 | — | Mar 1, 2015 | A | 9,949 | A | Feb 15, 2016 | — | Common Stock | 9,949 | 9,949 | D |
Explanation of responses
- F1This amended Form 4 is being filed to correct an entry that was made on the reporting person's Form 4 that was filed on March 2, 2015 to report a transaction that occurred on March 1, 2015. In that transaction, the reporting person was awarded 9,949.1325 Share Units by the Issuer. Although Column 4 of Table II of the Form 4 was properly coded with the transaction code "A" to reflect a grant, award or other acquisition pursuant to Rule 16b-3(d), the Share Units were erroneously shown in Column 5 of Table II as a disposition rather an acquisition. This amended Form 4 is being filed to correct the entry in Column 5 of Table II. Pursuant to Instruction 9(b) to Form 4, only the lines of the original Form 4 requiring correction or amendment are being restated on this amended Form 4.
- F2The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of common stock of the Issuer ("Share Units") are awarded to the reporting person.
- F3These Share Units do not have a specified dollar-denominated exercise or conversion price. (Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.)
- F4These Share Units awarded in this transaction vest immediately and are settled in cash on February 15, 2016.
- F5These Share Units do not expire on a fixed date.
- F6These Share Unites were awarded to the reporting person under the Issuer's Deferred Compensation Plan for Non-Employee Directors and no price was paid by the reporting person for the Share Units.
Remarks
This Form 4 is being signed by the reporting person's attorney-in-fact pursuant to a previously filed power of attorney.