SEC Form 4 · accession 0000890926-15-000035
RADIAN GROUP INC · RDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sanford A Ibrahim
Officer — Chief Executive Officer · Director
Period of report
May 14, 2015
Accepted (ET)
May 15, 2015 · 4:01 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 StockF1 | May 14, 2015 | M | 103,000 | $2.48 | A | 283,394 | D | |
| Common StockF1 | May 14, 2015 | S | 103,000 | $18.2378 | D | 180,394 | D | |
| Common StockF2 | holding | — | — | — | 500,000 | I | By Trust (for the benefit of Reporting Person's family member) |
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 | $2.48 | May 14, 2015 | M | 103,000 | D | Aug 7, 2012 | Aug 7, 2015 | Common Stock | 103,000 | 0 | D |
Explanation of responses
- F1This reflects the acquisition and disposition of shares pursuant to the exercise of Non-Qualified Stock Options that were scheduled to expire on August 7, 2015.
- F2Represents shares held in a trust for the benefit of a member of the Reporting Person's family. The Reporting Person retains voting and investment control over the gifted shares and therefore, the 500,000 shares remain beneficially owned by the Reporting Person.
- F3Not Applicable.