0000890926-17-000033.txt : 20170512 0000890926-17-000033.hdr.sgml : 20170512 20170512174427 ACCESSION NUMBER: 0000890926-17-000033 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170510 FILED AS OF DATE: 20170512 DATE AS OF CHANGE: 20170512 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: RADIAN GROUP INC CENTRAL INDEX KEY: 0000890926 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 232691170 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1601 MARKET STREET STREET 2: 11TH FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 2155646600 MAIL ADDRESS: STREET 1: 1601 MARKET ST STREET 2: 11TH FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 FORMER COMPANY: FORMER CONFORMED NAME: CMAC INVESTMENT CORP DATE OF NAME CHANGE: 19960126 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Jackson Catherine Mary CENTRAL INDEX KEY: 0001434825 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11356 FILM NUMBER: 17840199 MAIL ADDRESS: STREET 1: RADIAN GROUP INC. STREET 2: 1601 MARKET ST CITY: PHILADELPHIA STATE: PA ZIP: 19103 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2017-05-10 0000890926 RADIAN GROUP INC RDN 0001434825 Jackson Catherine Mary RADIAN GROUP INC. 1601 MARKET STREET PHILADELPHIA PA 19103 0 1 0 0 SVP, Chief Accounting Officer Restricted Stock Unit - Time Vested Award 0 2017-05-10 4 A 0 4020 A 2018-05-10 Common Stock 4020 4020 D Restricted Stock Units - Performance Award (TSR Metric) 0 2017-05-10 5 A 0 4160 A 2020-05-10 Common Stock 4160 4160 D Restricted Stock Units - Performance Award (BV Metric) 0 2017-05-10 5 A 0 4500 A 2020-05-10 Common Stock 4500 4500 D Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Radian Group Inc. common stock. Vesting of time-based RSUs occurs pro rata on each of the first, second and third anniversaries of the grant. Each Performance Based RSU represents a contingent right to receive one share of Radian Group Inc. common stock. 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. The Performance Based RSUs have no voting or dividend rights. Vesting of the Performance Based RSUs (TSR Metric) occurs on the third anniversary of the grant date, with payouts generally subject to a one year holding period after vesting. The award (representing between 0 and 4,160 shares) will vest based on the relative performance of Radian's total stockholder return against a designated peer group. Vesting of the Performance Based RSUs (BV Metric) occurs on the third anniversary of the grant date, with payouts generally subject to a one year holding period after vesting. The award (representing between 0 and 4,500 shares) will vest based on Radian's cumulative growth in "LTI Book Value" per share (as defined in the grant document). Not Applicable. Edward J. Hoffman /s/, Edward J. Hoffman (POA) Atty-in-fact 2017-05-12