SEC Form 4 · accession 0000890926-19-000014
RADIAN GROUP INC · RDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard G Thornberry
Officer — Chief Executive Officer · Director
Period of report
Mar 6, 2019
Accepted (ET)
Mar 11, 2019 · 4:48 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,F2,F3 | Mar 6, 2019 | M | 17,844 | $0.00 | A | 71,915 | D | |
| Common StockF4 | Mar 6, 2019 | F | 8,197 | $20.32 | D | 63,718 | 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,F5,F2 | $0.00 | Mar 6, 2019 | M | 17,844 | D | Mar 6, 2019 | — | Common Stock | 17,844 | 35,690 | D |
Explanation of responses
- F1Represents shares of common stock acquired upon the vesting of one-third of time-vested RSUs granted on March 6, 2017.
- F2Vesting of time-based RSUs occurs pro rata on each of the second, third and fourth anniversaries of the date of grant. The time-vested RSUs have no voting or dividend rights.
- F3Includes 1,213 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan on June 30, 2018.
- F4Pursuant 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 one-third of the time-vested RSUs granted March 6, 2017.
- F5Not Applicable