Form 4 for NMIH NMI Holdings, Inc.
Accepted 2024-02-09 00:00:00 ET · period of report 2024-02-07 · accession 0001547903-24-000006 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-02-09 | 2024-02-07+ | NMIH | Smith Robert Owen | EVP, CRO | F - Tax | $0.00 | -22.1K | 99.4K | -18% | $0 |
| M | 2024-02-09 | 2024-02-07 | NMIH | Smith Robert Owen | EVP, CRO | A - Grant | $0.00 | +51.3K | 82.1K | +166% | $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 | 2024-02-08 | F | D | 3,910 | $0.00 | 95,508 | D | — | — | (F4) Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on February 8, 2023 at a net settlement price equal to the closing stock price on February 8, 2024. The restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date. (F5) Represents 45,130 Class A common shares and 50,378 unvested restricted stock units. |
| 2 | Common | Class A Common Shares, $0.01 par value per share | 2024-02-07 | F | D | 18,215 | $0.00 | 99,418 | D | — | — | (F3) Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of the PRSUs granted to the reporting person on February 10, 2021 at a net settlement price equal to the closing stock price on February 7, 2024. |
| 3 | Common | Class A Common Shares, $0.01 par value per share | 2024-02-07 | A | A | 35,520 | $0.00 | 117,633 | D | — | — | (F2) On February 10, 2021, the reporting person was granted performance-based restricted stock units (PRSUs) pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan. Each PRSU represents a contingent right to receive shares of NMIH's Class A common shares upon settlement. The PRSUs vest at the end of the three-year period following the grant on the date that the Compensation Committee of the Board of Directors certifies attainment, based on NMIH's satisfaction of certain performance criteria. The performance criteria were met on February 7, 2024, resulting in the issuance of 35,520 vested PRSUs. |
| 4 | Common | Restricted Stock Unit (right to receive) | 2024-02-07 | A | A | 15,767 | $0.00 | 82,113 | D | — | — | (F1) Represents restricted stock units granted pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan on February 7, 2024. The restricted stock units vest 40% on each of the first and second anniversaries of the grant date and 20% on the third anniversary of the grant date. |