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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
876437	Mgic Investment Corp	MTG	Surety Insurance (6351)	391486475

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1345885	T Donald Nicolaisen	C/O Mgic Investment Corporation 250 East Kilbourn Avenue Milwaukee WI 53202		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2014-03-04	40,000	$9.02	26,399	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Share Units	$0.00	2015-02-01		66,270	66,270	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	66,270	66,270	Direct

Footnotes

The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person.
These Share Units do not have a specified dollar-denominated exercise or conversion price. (Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.)
These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
The Share Units are subject to certain restrictions and vest on February 1, 2015.
These Share Units do not expire on a fixed date. Under certain circumstances, the Share Units are subject to forfeiture if the reporting person ceases to be a Director of the issuer before the lapse of restrictions on the Share Units.