SEC Form 4 · accession 0000876437-15-000054

MGIC INVESTMENT CORP · MTG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Apr 29, 2015

Accepted (ET)

Apr 30, 2015 · 12:04 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000876437

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Apr 29, 2015	S	10,000	$10.601	D	16,399	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Share Units^{F1,F2,F3,F4,F5}	—	holding	—	—	—	Feb 1, 2015	—	Common Stock	65,543	65,543	D

F1The 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.
F2These 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.)
F3These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
F4The converted Share Units were subject to certain restrictions and vested on February 1, 2015 when such restrictions lapsed.
F5These Share Units do not expire on a fixed date. Under certain circumstances, the Share Units are subject to forfeiture if the reporting person ceases to be a Director of the issuer before the lapse of restrictions on the Share Units.

This Form 4 is being signed by the reporting person's attorney-in-fact pursuant to a previously filed power of attorney.