SEC Form 4 · accession 0000890926-15-000038
RADIAN GROUP INC · RDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Altman
Officer — COO of Radian Guaranty
Period of report
Jun 5, 2015
Accepted (ET)
Jun 9, 2015 · 4:11 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 | Jun 5, 2015 | M | 189,880 | $0.00 | A | 232,982 | D | |
| common stock | Jun 5, 2015 | D | 189,880 | $17.97 | D | 43,102 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (cash-settled)F1,F2 | $0.00 | Jun 5, 2015 | M | 189,880 | A | Jun 5, 2015 | Jun 5, 2015 | Common Stock | 189,880 | 0 | D |
Explanation of responses
- F1Represents the vesting (at 200% of target) and automatic cash settlement of performance-based Restricted Stock Units granted June 6, 2012. Performance for this award was measured based on the Issuer's total stockholder return (TSR) on an absolute basis and as compared to the median TSR of MGIC Investment Corporation and the companies listed on the NASDAQ 100 Financial Index.
- F2N/A