SEC Form 4 · accession 0000890926-19-000005
RADIAN GROUP INC · RDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brien McMahon
Officer — Sr.EVP/Chief Franchise Officer
Period of report
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 4:13 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 22, 2019 | M | 10,000 | $0.00 | A | 21,867 | D | |
| Common StockF2 | Feb 22, 2019 | F | 3,888 | $21.11 | D | 17,979 | 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 - Time Vested AwardF1,F4,F3 | $0.00 | Feb 22, 2019 | M | 10,000 | D | Feb 24, 2019 | — | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Represents shares of common stock acquired upon the vesting of time-vested RSUs granted on February 24, 2017.
- F2Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon the vesting of time-vested RSUs granted February 24, 2017.
- F3Each RSU represents a contingent right to receive one share of common stock.
- F4Not Applicable.