X0201 4 2004-01-22 0000876437 MGIC INVESTMENT CORP MTG 0001178921 KOMANECKI JOSEPH J MGIC PLAZA 250EAST KILBOURN AVENUE MILWAUKEE WI 53202 0 1 0 0 SVP, Controller & CAO Common Stock 2004-01-22 4 F 0 585 69.57 D 11039 D Common Stock .452 I By Issuer's Profit Sharing and Savings Plan Employee Stock Option (Right to Buy) 36.4375 2007-01-22 Common Stock 6000 6000 D Employee Stock Option (Right to Buy) 46.0625 2009-05-05 Common Stock 7500 7500 D Employee Stock Option (Right to Buy) 45.375 2010-01-26 Common Stock 10000 10000 D Employee Stock Option (Right to Buy) 57.88 2011-01-24 Common Stock 5000 5000 D Employee Stock Option (Right to Buy) 63.80 2012-01-23 Common Stock 8000 8000 D Employee Stock Option (Right to Buy) 43.70 2013-01-22 Common Stock 13250 13250 D Number of shares as of December 31, 2003. This option was granted to the reporting person under the Issuer's 1991 Stock Incentive Plan and is vested and exercisable in full. This option was granted to the reporting person under the Issuer's 1991 Stock Incentive Plan and one-fifth of the option vests on May 5 of each of the five years beginning in 2000. This option was granted to the reporting person under the Issuer's 1991 Stock Incentive Plan. Vesting of the option may occur on January 26 of each of the five years beginning in 2001, at a rate equal to the percent which the Issuer's earnings per share for the prior fiscal year was of $31.21, and subject to at least a 10% increase in the Issuer's earnings per share from the prior fiscal year. Any portion of the option which has not been vested at January 26, 2005 will become vested on January 26, 2009. This option was granted to the reporting person under the Issuer's 1991 Stock Incentive Plan and one-fifth of the option vests on January 24 of each of the five years beginning in 2002. This option was granted to the reporting person under the Issuer's 1991 Stock Incentive Plan and one-fifth of the option vests on January 23 of each of the five years beginning in 2003. This option was granted to the reporting person under the Issuer's 2002 Stock Incentive Plan and one-fifth of the option vests on January 22 of each of the five years beginning in 2004. This form is signed by the reporting person's attorney-in-fact pursuant to the attached power of attorney. Dan D. Stilwell, Attorney-in-Fact 2004-01-22