SEC Form 4 · accession 0000890926-15-000006
RADIAN GROUP INC · RDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine Mary Jackson
Officer — SVP, Corporate Controller
Period of report
Feb 17, 2015
Accepted (ET)
Feb 17, 2015 · 5:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000890926
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 17, 2015 | M | 15,800 | $2.48 | A | 31,965 | D | |
| Common StockF1 | Feb 17, 2015 | S | 4,292 | $15.9803 | D | 27,673 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF3,F2 | $2.48 | Feb 17, 2015 | M | 15,800 | D | Aug 7, 2011 | Aug 7, 2015 | Common Stock | 15,800 | 0 | D |
Explanation of responses
- F1This reflects a disposition of shares to cover the tax liability of the exercised Non-Qualified Stock Options, which were scheduled to expire on August 7, 2015.
- F2Non-Qualified Stock Options vested 50% on 08/07/2011 and 50% on 08/07/2012.
- F3Not Applicable.