Form 4 for RDN RADIAN GROUP INC
Accepted 2022-05-10 00:00:00 ET · period of report 2022-05-09 · accession 0001062993-22-012023 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-05-10 | 2022-05-09 | RDN | Thornberry Richard G | CEO | M - OptEx | $0.00 | +252.4K | 552.8K | +84% | $0 |
| D | 2022-05-10 | 2022-05-09 | RDN | Thornberry Richard G | CEO | F - Tax | $21.22 | -104.8K | 448.0K | -19% | -$2.22M |
| D | 2022-05-10 | 2022-05-09 | RDN | Thornberry Richard G | CEO | M - OptEx | — | -252.4K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-05-09 | M | A | 252,441 | $0.00 | 552,809 | D | — | — | (F1) Represents restricted stock units that were granted May 9, 2018, which vested on May 9, 2021 and were subject to a one-year post-vest hold which was satisfied May 9, 2022. (F2) Each RSU represents a contingent right to receive one share of common stock. (F3) Includes 84 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan on December 31, 2021. |
| 2 | Common | Common Stock | 2022-05-09 | F | D | 104,830 | $21.22 | 447,979 | D | — | — | (F4) Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon the distribution of the performance-based RSUs granted May 9, 2018, following completion of the one-year hold period after vesting of the RSUs. |
| 3 | Derivative | Restricted Stock Units - Performance Award | 2022-05-09 | M | D | 252,441 | — | 0 | D | $0.00 · 2022-05-09 to — | 252,441 Common Stock | (F1) Represents restricted stock units that were granted May 9, 2018, which vested on May 9, 2021 and were subject to a one-year post-vest hold which was satisfied May 9, 2022. (F5) Not Applicable. (F2) Each RSU represents a contingent right to receive one share of common stock. |