SEC Form 4 · accession 0000890926-15-000029
RADIAN GROUP INC · RDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard Bernard Culang
Director
Period of report
May 13, 2015
Accepted (ET)
May 14, 2015 · 5:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000890926
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (stock settled)F1,F2,F4,F3 | $0.00 | May 13, 2015 | A | 6,333 | A | — | — | Common Stock | 6,333 | 6,333 | D |
Explanation of responses
- F1Award represents an annual equity award to non-employee directors.
- F2Each RSU represents a contingent right to receive one share of common stock.
- F3Each RSU vests on the third anniversary of the grant date, or earlier upon the reporting person's retirement, death or disability. Following vesting, conversion of the RSUs into common stock will occur upon the reporting person's departure from the board of directors.
- F4Not applicable to this transaction.