Form 4 for ESNT Essent Group Ltd.
Accepted 2024-02-07 00:00:00 ET · period of report 2024-02-06 · accession 0001448893-24-000011 · 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 | 2024-02-07 | 2024-02-06 | ESNT | Gibbons Mary Lourdes | SVP, CLO | D - Sale to Iss | $0.00 | -7,671 | 258.9K | -3% | $0 |
| D | 2024-02-07 | 2024-02-06 | ESNT | Gibbons Mary Lourdes | SVP, CLO | A - Grant | $53.87 | +18.6K | 266.5K | +7% | +$1.00M |
| D | 2024-02-07 | 2024-02-06 | ESNT | Gibbons Mary Lourdes | SVP, CLO | A - Grant | $0.00 | +9,282 | 9,282 | New | $0 |
| D | 2024-02-07 | 2024-02-06 | ESNT | Gibbons Mary Lourdes | SVP, CLO | D - Sale to Iss | $0.00 | -464 | 3,177 | -13% | $0 |
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 shares, par value $0.015 | 2024-02-06 | D | D | 7,671 | $0.00 | 258,862 | D | — | — | |
| 2 | Common | Common shares, par value $0.015 | 2024-02-06 | A | A | 18,564 | $53.87 | 266,533 | D | — | — | (F1) Represents restricted shares granted under the issuer's 2013 Long-Term Incentive Plan, with any shares becoming earned based upon the issuer's compounded annual book value per share growth percentage and relative total shareholder return during a three-year performance period commencing January 1, 2024 and vesting on March 1, 2027. |
| 3 | Derivative | Restricted share units | 2024-02-06 | A | A | 9,282 | $0.00 | 9,282 | D | — · — to — | 9,282 Common shares, par value $0.015 | (F2) Represents restricted share units granted under the issuer's 2013 Long-Term Incentive Plan subject to time-based vesting in equal installments on each of March 1, 2025, 2026 and 2027. Restricted share units convert into common shares on a one-for-one basis. |
| 4 | Derivative | Dividend equivalent units | 2024-02-06 | D | D | 464 | $0.00 | 3,177 | D | — · — to — | 464 Common shares, par value $0.015 | (F3) The dividend equivalent rights accrued on unvested restricted stock award(s) and/or unvested restricted stock unit award(s) and become vested proportionately with the award(s) to which they relate. Each dividend equivalent unit is the economic equivalent of one common share of Essent Group Ltd. |