SEC Form 4 · accession 0000890926-15-000021
RADIAN GROUP INC · RDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward J Hoffman
Officer — EVP, General Counsel
Period of report
Mar 9, 2015
Accepted (ET)
Mar 9, 2015 · 5:38 pm EDT
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 | Mar 9, 2015 | M | 7,900 | $2.48 | A | 30,701 | D | |
| Common StockF1 | Mar 9, 2015 | S | 3,290 | $16.0687 | D | 27,411 | 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 | Mar 9, 2015 | M | 7,900 | D | Aug 7, 2011 | Aug 7, 2015 | Common Stock | 7,900 | 0 | D |
Explanation of responses
- F1This reflects a disposition of shares to cover the exercise cost and tax liability related to the exercise of Non-qualified Stock Options that 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.