SEC Form 4 · accession 0001562180-19-000394
MGIC INVESTMENT CORP · MTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julie K. Sperber
Officer — VP-Chief Accounting Officer
Period of report
Jan 21, 2019
Accepted (ET)
Jan 22, 2019 · 5:02 pm EST
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 StockF1,F2 | Jan 21, 2019 | A | 10,200 | $0.00 | A | 86,761 | D | |
| Common StockF3,F2 | Jan 21, 2019 | A | 6,800 | $0.00 | A | 93,561 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Partial vesting of these share units occurs on February 28 of each of the three years beginning in 2020, based on certain performance standards. If it is not possible to determine whether the performance goal has been met on such vesting date, the vesting date will be extended until such determination can be made. Any of these shares which have not vested when the final vesting is determined in 2022 will be forfeited.
- F2These share units were awarded to the reporting person pursuant to the Issuer's 2015 Omnibus Incentive Plan and no price was paid by the reporting person for the share units.
- F3One-third of these Share Units vest on February 10 of each of the three years beginning 2020, subject to the reporting person's continued employment with the Issuer.
Remarks
This Form 4 is being signed by the reporting person's Attorney-in-Fact pursuant to a previously signed power of attorney.