X0202 4 2006-01-25 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 2006-01-25 4 A 0 5300 A 32354 D Common Stock 2006-01-25 4 A 0 3975 A 36329 D Common Stock 2006-01-25 4 A 0 1326 A 37655 D Common Stock 2006-01-25 4 A 0 1989 A 39644 D Common Stock 2006-01-26 4 F 0 273 64.68 D 39371 D Common Stock 2006-01-26 4 F 0 384 64.68 D 38987 D Common Stock 2006-01-26 4 F 0 264 64.68 D 38723 D Common Stock .456 I By Issuer's Profit Sharing and Savings Plan Employee Stock Option (Right to Buy) 46.0625 2009-05-05 Common Stock 1500 1500 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 Employee Stock Option (Right to Buy) 68.20 2014-01-28 Common Stock 13250 13250 D These shares were awarded to the reporting person pursuant to the Issuer's 2002 Stock Incentive Plan, are subject to certain restrictions, and vest when such restrictions lapse. The restrictions on these shares lapse on January 25 of each of the five years beginning in 2007 at rates based on certain performance standards. These securities were awarded to the reporting person pursuant to the Issuer's 2002 Stock Incentive Plan and no price was paid by the reporting person for the securities. These shares were awarded to the reporting person pursuant to the Issuer's 2002 Stock Incentive Plan, are subject to certain restrictions, and vest when such restrictions lapse. The restrictions on one-fifth of these shares lapse on January 25 of each of the five years beginning in 2007. These securities were awarded to the reporting person pursuant to the Issuer's 2002 Stock Incentive Plan, are subject to certain restrictions, and vest on January 25, 2007. These securities were awarded to the reporting person pursuant to the Issuer's 2002 Stock Incentive Plan, are subject to certain restrictions, and vest on January 25, 2009. Number of shares as of December 31, 2005. All of these options are vested and exercisable in full. Partial vesting of these options occurred on January 26 of each of the five years beginning in 2001, based on certain performance standards. Any portion of the option which did not vest at January 26, 2005 will become vested on January 26, 2009 based on the reporting person's continued service to the Issuer. 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 option was granted to the reporting person under the Issuer's 2002 Stock Incentive Plan and one-fifth of the option vests on January 28 of each of the five years beginning in 2005. This form is signed by the reporting person's attorney-in-fact pursuant to a previously filed power of attorney. Dan D. Stilwell, Attorney-in-Fact 2006-01-27