SEC Form 4 · accession 0000890926-18-000002
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
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 4:54 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,F3 | Feb 9, 2018 | M | 15,000 | $0.00 | A | 59,702 | D | |
| Common StockF2,F3 | Feb 9, 2018 | F | 4,642 | $20.71 | D | 55,060 | 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,F4 | $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.
- F2Represents surrendered shares to satisfy tax liability incurred upon the vesting of Restricted Stock Units granted February 9, 2016.
- F3Includes 679 shares acquired through the Employee Stock Purchase Plan on 12/31/2017.
- F4Not Applicable.