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