Statement of Changes in Beneficial Ownership (4)
May 18 2021 - 4:11PM
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
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Brummer Derek |
2. Issuer Name and Ticker or Trading Symbol
RADIAN GROUP INC
[
RDN
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President, Mortgage |
(Last)
(First)
(Middle)
RADIAN GROUP INC., 1500 MARKET STREET |
3. Date of Earliest Transaction
(MM/DD/YYYY)
5/17/2021 |
(Street)
PHILADELPHIA, PA 19102
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
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 | 5/17/2021 | | M | | 4884 (1) | A | $0.0 (2) | 184876 | D | |
Common Stock | 5/17/2021 | | F | | 23681 (3) | D | $22.97 | 161195 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
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 |
Restricted Stock Units - Time-based Award | $0.0 (2) | 5/17/2021 | | M | | | 4884 (1) | 5/15/2021 (1) | (4) | Common Stock | 4884 (1) | (4) | 5032 | D | |
Explanation of Responses: |
(1) | Vesting of one-third of the time-based RSUs granted on May 15, 2019. |
(2) | Each RSU represents a contingent right to receive one share of common stock. |
(3) | Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon the distribution of the time-based RSUs granted on each of May 9, 2018, May 15, 2019 and May 13, 2020, as well as for the distribution of the performance-based RSUs granted May 10, 2017, following completion of the one-year hold period after vesting of the RSUs. For each of these awards, shares were distributed May 17, 2021. |
(4) | Not Applicable. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Brummer Derek RADIAN GROUP INC. 1500 MARKET STREET PHILADELPHIA, PA 19102 |
|
| President, Mortgage |
|
Signatures
|
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact | | 5/18/2021 |
**Signature of Reporting Person | Date |
Radian (NYSE:RDN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Radian (NYSE:RDN)
Historical Stock Chart
From Sep 2023 to Sep 2024