Statement of Changes in Beneficial Ownership (4)
March 03 2021 - 02:22PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * Sperber Julie
K. |
2. Issuer Name and Ticker or Trading
Symbol MGIC INVESTMENT CORP [ MTG ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
VP-Chief Accounting Officer |
(Last)
(First)
(Middle)
C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN
AVENUE |
3. Date of Earliest Transaction (MM/DD/YYYY)
3/1/2021
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(Street)
MILWAUKEE, WI 53202
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
3/1/2021 |
|
F |
|
1355.00 |
D |
$12.18 |
73542.00 |
D |
|
Common Stock |
3/1/2021 |
|
F |
|
1027.00 |
D |
$12.18 |
72515.00 |
D |
|
Common Stock |
3/1/2021 |
|
F |
|
660.00 |
D |
$12.18 |
71855.00 |
D |
|
Common Stock |
3/1/2021 |
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D |
|
108.00 |
D |
(1) |
71747.00 |
D |
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Common Stock |
3/1/2021 |
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A |
|
5851.00 (2) |
A |
(3) |
77598.00 |
D |
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Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
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1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Explanation of
Responses: |
(1) |
Represents the forfeiture of
performance-based restricted stock units granted to the Reporting
Person on January 22, 2018 that were eligible to vest upon
percentage achievement of a pre-established performance goal. Based
on the Company's performance over the applicable performance
period, a portion of the grant has been forfeited. |
(2) |
One-third of the Restricted
Stock Units ("RSUs") will vest on March 10 of each of the three
years beginning in 2022, subject to the reporting person's
continued employment with the Issuer. |
(3) |
These RSUs were awarded to
the reporting person pursuant to the Issuer's 2020 Omnibus
Incentive Plan and no price was paid by the reporting person for
them. |
Remarks:
This Form 4 is being signed by the reporting person's
attorney-in-fact pursuant to a previously filed power of
attorney. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Sperber Julie K.
C/O MGIC INVESTMENT CORPORATION
250 EAST KILBOURN AVENUE
MILWAUKEE, WI 53202 |
|
|
VP-Chief Accounting Officer |
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Signatures
|
Martha F. Tsuchihashi,
Attorney-in-Fact |
|
3/3/2021 |
**Signature of
Reporting Person |
Date |