SEC Form 4 · accession 0000890926-18-000001
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
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 4:51 pm EST
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 | Feb 9, 2018 | M | 15,000 | $20.71 | A | 50,577 | D | |
| Common StockF2 | Feb 9, 2018 | F | 4,642 | $20.71 | D | 45,935 | 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 | Feb 9, 2018 | M | 15,000 | D | Feb 9, 2018 | Feb 9, 2018 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1Represents shares acquired upon the vesting of outstanding time-vested Restricted Stock Units granted on February 9, 2016.
- F2Pursuant to the terms of the Company's equity incentive plan, these shares were withheld by the Company to satisfy the tax liability incurred upon the vesting of Restricted Stock Units granted February 9, 2016.
- F3Not Applicable.