Form 4 for RDN RADIAN GROUP INC
Accepted 2022-05-17 00:00:00 ET · period of report 2022-05-13 · accession 0001062993-22-012742 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-05-17 | 2022-05-13+ | RDN | Brummer Derek | Pres, Mortgage | M - OptEx | $0.00 | +28.3K | 214.3K | +15% | $0 |
| D | 2022-05-17 | 2022-05-15 | RDN | Brummer Derek | Pres, Mortgage | F - Tax | $21.19 | -13.4K | 207.8K | -6% | -$284.2K |
| DM | 2022-05-17 | 2022-05-13+ | RDN | Brummer Derek | Pres, Mortgage | M - OptEx | — | -26.4K | 0 | -100% | — |
| D | 2022-05-17 | 2022-05-15 | RDN | Brummer Derek | Pres, Mortgage | F - Tax | — | -1,879 | 44.6K | -4% | — |
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 | 2022-05-15 | M | A | 1,879 | $0.00 | 221,189 | D | — | — | (F4) Represents the shares netted for taxes from the vesting of the performance-based RSU award granted May 15, 2019, which are subject to a one-year post vest holding period (F8) Each RSU represents a contingent right to receive one share of common stock. |
| 2 | Common | Common Stock | 2022-05-13 | M | A | 11,127 | $0.00 | 203,995 | D | — | — | (F1) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 13, 2020. (F8) Each RSU represents a contingent right to receive one share of common stock. |
| 3 | Common | Common Stock | 2022-05-15 | M | A | 5,032 | $0.00 | 219,310 | D | — | — | (F3) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 15, 2019. (F8) Each RSU represents a contingent right to receive one share of common stock. |
| 4 | Common | Common Stock | 2022-05-15 | M | A | 10,283 | $0.00 | 214,278 | D | — | — | (F2) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 12, 2021. (F8) Each RSU represents a contingent right to receive one share of common stock. |
| 5 | Common | Common Stock | 2022-05-15 | F | D | 13,413 | $21.19 | 207,776 | D | — | — | (F5) 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 time-based RSUs granted on each of May 15, 2019, May 13, 2020 and May 12, 2021, as well as shares withheld by the Company to satisfy the tax liability incurred upon the vesting of performance-based RSUs granted May 15, 2019, net of which remain subject to a one year post-vest hold. |
| 6 | Derivative | Restricted Stock Units - Time-based Award | 2022-05-13 | M | D | 11,127 | — | 11,466 | D | $0.00 · 2022-05-13 to — | 11,127 Common Stock | (F1) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 13, 2020. (F9) Not Applicable. (F8) Each RSU represents a contingent right to receive one share of common stock. |
| 7 | Derivative | Restricted Stock Units - Time-based Award | 2022-05-15 | M | D | 10,283 | — | 20,567 | D | $0.00 · 2022-05-15 to — | 10,283 Common Stock | (F2) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 12, 2021. (F9) Not Applicable. (F8) Each RSU represents a contingent right to receive one share of common stock. |
| 8 | Derivative | Restricted Stock Units - Time-based Award | 2022-05-15 | M | D | 5,032 | — | 0 | D | $0.00 · 2022-05-15 to — | 5,032 Common Stock | (F3) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 15, 2019. (F9) Not Applicable. (F8) Each RSU represents a contingent right to receive one share of common stock. |
| 9 | Derivative | Restricted Stock Units - Performance Award | 2022-05-15 | F | D | 1,879 | — | 44,624 | D | $0.00 · 2022-05-15 to — | 1,879 Common Stock | (F4) Represents the shares netted for taxes from the vesting of the performance-based RSU award granted May 15, 2019, which are subject to a one-year post vest holding period (F9) Not Applicable. (F7) Pursuant to the terms of the Company???s equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 44,624 performance-based RSUs granted May 15, 2019. (F8) Each RSU represents a contingent right to receive one share of common stock. (F6) Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics. |