Form 4 for NMIH NMI Holdings, Inc.
Accepted 2023-12-27 00:00:00 ET · period of report 2023-12-26 · accession 0001547903-23-000150 · 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 | 2023-12-27 | 2023-12-26 | NMIH | SHUSTER BRADLEY M | Executive COB, Dir | M - OptEx | $8.50 | +171.4K | 598.4K | +40% | +$1.46M |
| D | 2023-12-27 | 2023-12-26 | NMIH | SHUSTER BRADLEY M | Executive COB, Dir | S - Sale+OE | $30.11 | -171.4K | 427.0K | -29% | -$5.16M |
| D | 2023-12-27 | 2023-12-26 | NMIH | SHUSTER BRADLEY M | Executive COB, Dir | M - OptEx | $0.00 | -171.4K | 0 | -100% | $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 | 2023-12-26 | M | A | 171,418 | $8.50 | 598,381 | D | — | — | |
| 2 | Common | Class A Common Shares, $0.01 par value per share | 2023-12-26 | S | D | 171,418 | $30.11 | 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 at an average sale price of $30.1137. The range of sale prices on the transaction date was $30.0000 to $30.2700. 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. (F3) Represents 347,640 Class A common shares and 79,323 unvested restricted stock units. |
| 3 | Derivative | Stock Option (right to buy) | 2023-12-26 | M | D | 171,418 | $0.00 | 0 | D | $8.50 · — to 2025-02-12 | 171,418 Class A Common Shares, $0.01 par value per share | (F4) The option vested in full on February 12, 2018. |