Home > Insider Trading > Filing (0001547903-19-000110)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1547903	Nmi Holdings Inc.	NMIH	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1052831	M Bradley Shuster	C/O Nmi Holdings, Inc. 2100 Powell Street 12Th Fl. Emeryville CA 94608	Executive Chairman	Yes	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	2019-09-05	25,625	$10.00	517,927	No	4	M	Direct
Class A Common Shares, $0.01 Par Value Per Share	Disposition	2019-09-05	25,625	$27.95	492,302	No	4	S	Direct
Class A Common Shares, $0.01 Par Value Per Share	Disposition	2019-09-06	12,500	$27.78	222,266	No	4	S	Indirect	By Shuster Family Trust, of which Mr. Shuster and his wife are co-trustees and beneficiaries

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct
No	4	S	Indirect	By Shuster Family Trust, of which Mr. Shuster and his wife are co-trustees and beneficiaries

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	Stock Option (right to buy)	Disposition	2019-09-05	25,625	$0.00	25,625	$10.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
256,250		2022-04-24	No	4	M	Direct

Footnotes

79,293 shares were transferred to the Shuster Family Trust on August 27, 2019.
As part of Mr. Shuster's investment and financial planning needs, including individual asset diversification, Mr. Shuster sold a total of 38,125 shares of NMI Holdings, Inc.
The 25,625 shares were sold by the reporting person in a series of open market transactions on the transaction date at a weighted average sale price of $27.9454. The range of sale prices was $27.72 to $28.09. The reporting person undertakes to to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
Represents 428,159 class A common shares and 64,143 unvested restricted stock units.
The 12,500 shares were sold by the reporting person in a series of open market transactions on the transaction date at a weighted average sale price of $27.7751. The range of sale prices was $27.66 to $27.98. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
The option vested in full on April 24, 2015.