Filing Details

Accession Number:
0001547903-14-000140
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-11-12 18:17:50
Reporting Period:
2014-11-07
Filing Date:
2014-11-12
Accepted Time:
2014-11-12 18:17:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1547903 Nmi Holdings Inc. NMIH Surety Insurance (6351) 454914248
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1591053 J Claudia Merkle C/O Nmi Holdings, Inc.
2100 Powell Street, 12Th Fl.
Emeryville CA 94608
Evp, Chief Insurance Officer No Yes 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
Class A Common Shares, $0.01 Par Value Per Share Acquisiton 2014-11-07 1,667 $0.00 3,032 No 4 M Direct
Class A Common Shares, $0.01 Par Value Per Share Disposition 2014-11-10 537 $9.64 2,495 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Shares, $0.01 Par Value Per Share Restricted Stock Unit (right to receive) Disposition 2014-11-07 1,667 $0.00 1,667 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,111 No 4 M Direct
Footnotes
  1. Restricted stock units convert into common stock on a one-for-one basis.
  2. Represents shares sold pursuant to a Sell-to-Cover Rule 10b5-1 trading plan adopted by the reporting person on September 4, 2014 to pay withholding taxes due in connection with the vesting of certain restricted stock units on November 7, 2014.
  3. Granted pursuant to the NMI Holdings, Inc. 2012 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one NMI Holdings, Inc. common share upon vesting and settlement. The restricted stock unit award is scheduled to vest as follows: (i) 1,667 units will vest based on continued service on the second anniversary date following the grant date, on November 7, 2014, (ii) 1,666 units will vest based on continued service on the third anniversary date following the grant date, on November 7, 2015, (iii) 2,224 units will vest after the per share stock price equals or exceeds $14.00 for a 30-day trading period, and (iv) 2,221 units will vest after the per share stock price equals or exceeds $16.00 for a 30-day trading period.