Filing Details
- Accession Number:
- 0000890926-21-000059
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-05-14 21:26:17
- Reporting Period:
- 2021-05-12
- Accepted Time:
- 2021-05-14 21:26:17
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 890926 | Radian Group Inc | RDN | Surety Insurance (6351) | 232691170 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1439483 | J Edward Hoffman | Radian Group Inc. 1500 Market Street Philadelphia PA 19102 | Sr. Evp, General Counsel | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2021-05-12 | 11,030 | $2.45 | 135,459 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-05-12 | 11,030 | $22.76 | 124,429 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2021-05-13 | 9,609 | $0.00 | 134,038 | No | 4 | M | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units - Time Vested Award | Acquisiton | 2021-05-12 | 21,740 | $0.00 | 21,740 | $0.00 |
| Common Stock | Restricted Stock Units - Performance Award | Acquisiton | 2021-05-12 | 36,370 | $0.00 | 36,370 | $0.00 |
| Common Stock | Performance Stock Options | Disposition | 2021-05-12 | 11,030 | $0.00 | 11,030 | $2.45 |
| Common Stock | Restricted Stock Units - Time-based Award | Disposition | 2021-05-13 | 9,609 | $0.00 | 9,609 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 21,740 | 2024-05-12 | No | 4 | A | Direct | |
| 36,370 | 2024-05-12 | No | 5 | A | Direct | |
| 22,060 | 2015-06-06 | 2022-06-05 | No | 4 | M | Direct |
| 19,511 | 2021-05-13 | No | 4 | M | Direct |
Footnotes
- Exercise and sale of performance-based stock options pursuant to a 10b5-1 trading plan.
- Vesting of one-third of the time-based RSUs granted on May 13, 2020.
- Each RSU represents a contingent right to receive one share of common stock.
- Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 15, 2021.
- The number of reported performance-based RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award.
- Vesting of the performance-based RSUs occurs on May 15, 2024 (between 0 and 72,740 shares), subject to the Company's cumulative growth in "LTI Book Value" per share (as defined in the grant document). Distribution of shares is generally subject to a one-year holding period after vesting.
- Not Applicable.
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