Form 4 for RDN RADIAN GROUP INC
Accepted 2024-05-17 00:00:00 ET · period of report 2024-05-15 · accession 0001062993-24-010669 · 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 | 2024-05-17 | 2024-05-15 | RDN | Thornberry Richard G | CEO, Dir | M - OptEx | $0.00 | +102.7K | 967.2K | +12% | $0 |
| D | 2024-05-17 | 2024-05-15 | RDN | Thornberry Richard G | CEO, Dir | F - Tax | $0.00 | -50.1K | 928.6K | -5% | $0 |
| DM | 2024-05-17 | 2024-05-15 | RDN | Thornberry Richard G | CEO, Dir | M - OptEx | — | -102.7K | 272.0K | -27% | — |
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 | 2024-05-15 | M | A | 28,241 | $0.00 | 904,227 | D | — | — | (F1) 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. |
| 2 | Common | Common Stock | 2024-05-15 | F | D | 50,108 | $0.00 | 928,577 | 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 May 12, 2021, May 11, 2022, and May 17, 2023, as well as shares withheld by the Company to satisfy the tax liability incurred upon the vesting of 283,520 performance-based RSUs granted May 12, 2021, net of which remain subject to a one year post-vest hold. (F8) Each RSU represents a contingent right to receive one share of common stock. |
| 3 | Common | Common Stock | 2024-05-15 | M | A | 11,521 | $0.00 | 978,685 | D | — | — | (F4) Pursuant to the terms of the Company's equity incentive plan, represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 12, 2021, 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. |
| 4 | Common | Common Stock | 2024-05-15 | M | A | 31,477 | $0.00 | 935,704 | D | — | — | (F2) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 11, 2022. (F8) Each RSU represents a contingent right to receive one share of common stock. |
| 5 | Common | Common Stock | 2024-05-15 | M | A | 31,460 | $0.00 | 967,164 | D | — | — | (F3) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023. (F8) Each RSU represents a contingent right to receive one share of common stock. |
| 6 | Derivative | Restricted Stock Units - Time-based Award | 2024-05-15 | M | D | 28,241 | — | 0 | D | — · 2024-05-15 to — | 28,241 Common Stock | (F1) 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. |
| 7 | Derivative | Restricted Stock Units - Time-based Award | 2024-05-15 | M | D | 31,477 | — | 31,477 | D | — · 2024-05-15 to — | 31,477 Common Stock | (F2) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 11, 2022. (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 | 2024-05-15 | M | D | 31,460 | — | 62,920 | D | — · 2024-05-15 to — | 31,460 Common Stock | (F3) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023. (F9) Not Applicable (F8) Each RSU represents a contingent right to receive one share of common stock. |
| 9 | Derivative | Restricted Stock Units - Performance Award | 2024-05-15 | M | D | 11,521 | — | 271,999 | D | — · 2024-05-15 to — | 11,521 Common Stock | (F4) Pursuant to the terms of the Company's equity incentive plan, represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 12, 2021, 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 283,520 performance-based RSUs granted May 12, 2021. (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. |