Form 4 for NMIH NMI Holdings, Inc.
Accepted 2023-12-26 00:00:00 ET · period of report 2023-12-21 · accession 0001547903-23-000146 · 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 | 2023-12-26 | 2023-12-21+ | NMIH | SHUSTER BRADLEY M | Executive COB, Dir | M - OptEx | $10.62 | +207.5K | 542.0K | +62% | +$2.20M |
| DM | 2023-12-26 | 2023-12-21+ | NMIH | SHUSTER BRADLEY M | Executive COB, Dir | S - Sale+OE | $29.87 | -207.5K | 427.0K | -33% | -$6.20M |
| DM | 2023-12-26 | 2023-12-21+ | NMIH | SHUSTER BRADLEY M | Executive COB, Dir | M - OptEx | $0.00 | -207.5K | 242.2K | -46% | $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 | Class A Common Shares, $0.01 par value per share | 2023-12-21 | M | A | 21,578 | $8.50 | 448,541 | D | — | — | |
| 2 | Common | Class A Common Shares, $0.01 par value per share | 2023-12-21 | S | D | 21,578 | $30.00 | 426,963 | D | — | — | (F1) Mr. Shuster has adopted a 10b5-1 Plan. This 10b5-1 Plan allows for the orderly disposition of a portion of shares owned by Mr. Shuster as part of his investment and financial planning needs, including individual asset diversification. The shares were sold pursuant to the 10b5-1 Plan. (F3) The common stock was sold by the reporting person in a series of open market transactions on the transaction date at an average sale price of $30.000. The range of sales prices was $30.000 to $30.005 on the transaction date. The reporting person undertakes to provide, upon request by SEC staff, NMIH, or a securityholder of NMIH, full information regarding the number of shares sold at each price. |
| 3 | Common | Class A Common Shares, $0.01 par value per share | 2023-12-22 | M | A | 70,804 | $8.50 | 497,767 | D | — | — | |
| 4 | Common | Class A Common Shares, $0.01 par value per share | 2023-12-22 | S | D | 70,804 | $30.08 | 426,963 | D | — | — | (F1) Mr. Shuster has adopted a 10b5-1 Plan. This 10b5-1 Plan allows for the orderly disposition of a portion of shares owned by Mr. Shuster as part of his investment and financial planning needs, including individual asset diversification. The shares were sold pursuant to the 10b5-1 Plan. (F4) The common stock was sold by the reporting person in a series of open market transactions at an average sale price of $30.0839. The range of sale prices on the transaction date was $30.0000 to $30.2600. The reporting person undertakes to provide, upon request by the SEC staff, NMIH or a security holder of NMIH, full information regarding the shares sold at each price. (F5) Represents 347,640 Class A common shares and 79,323 unvested restricted stock units. |
| 5 | Common | Class A Common Shares, $0.01 par value per share | 2023-12-21 | M | A | 115,072 | $12.32 | 542,035 | D | — | — | |
| 6 | Common | Class A Common Shares, $0.01 par value per share | 2023-12-21 | S | D | 115,072 | $29.71 | 426,963 | D | — | — | (F1) Mr. Shuster has adopted a 10b5-1 Plan. This 10b5-1 Plan allows for the orderly disposition of a portion of shares owned by Mr. Shuster as part of his investment and financial planning needs, including individual asset diversification. The shares were sold pursuant to the 10b5-1 Plan. (F2) The common stock was sold by the reporting person in a series of open market transactions on the transaction date at an average sale price of $29.7149. The range of sale prices was $29.2550 to $30.0000 on the transaction date. The reporting person undertakes to provide, upon request by SEC staff, NMIH, or a securityholder of NMIH, full information regarding the number of shares sold at each price. |
| 7 | Derivative | Stock Option (right to buy) | 2023-12-22 | M | D | 70,804 | $0.00 | 171,418 | D | $8.50 · — to 2025-02-12 | 70,804 Class A Common Shares, $0.01 par value per share | (F7) The option vested in full on February 12, 2018. |
| 8 | Derivative | Stock Option (right to buy) | 2023-12-21 | M | D | 115,072 | $0.00 | 0 | D | $12.32 · — to 2024-02-12 | 115,072 Class A Common Shares, $0.01 par value per share | (F6) The option vested in full on February 12, 2017. |
| 9 | Derivative | Stock Option (right to buy) | 2023-12-21 | M | D | 21,578 | $0.00 | 242,222 | D | $8.50 · — to 2025-02-12 | 21,578 Class A Common Shares, $0.01 par value per share | (F7) The option vested in full on February 12, 2018. |