SEC Form 4 · accession 0000890926-17-000047
RADIAN GROUP INC · RDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Derek Brummer
Officer — EVP and Chief Risk Officer
Period of report
Jun 19, 2017
Accepted (ET)
Jun 20, 2017 · 4:08 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 19, 2017 | M | 1,162 | $0.00 | A | 43,951 | D | |
| Common StockF2 | Jun 19, 2017 | F | 395 | $17.00 | D | 43,556 | 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 (stock settled)F1,F3 | $0.00 | Jun 19, 2017 | M | 1,162 | D | Jun 19, 2017 | Jun 19, 2017 | Common Stock | 1,162 | 0 | D |
Explanation of responses
- F1Represents shares acquired upon the vesting of outstanding performance-based Restricted Stock Units granted on June 17, 2014.
- F2Represents surrendered shares to satisfy tax liability incurred upon the vesting of Restricted Stock Units granted June 17, 2014.
- F3Not Applicable.