0001062993-23-011277.txt : 20230516
0001062993-23-011277.hdr.sgml : 20230516
20230516190539
ACCESSION NUMBER: 0001062993-23-011277
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230512
FILED AS OF DATE: 20230516
DATE AS OF CHANGE: 20230516
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McMahon Brien
CENTRAL INDEX KEY: 0001723148
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11356
FILM NUMBER: 23929250
MAIL ADDRESS:
STREET 1: 1500 MARKET ST., WEST TOWER
STREET 2: #2050
CITY: PHILADELPHIA
STATE: PA
ZIP: 19102
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: 550 EAST SWEDESFORD ROAD
STREET 2: SUITE 350
CITY: WAYNE
STATE: PA
ZIP: 19087
BUSINESS PHONE: 2155646600
MAIL ADDRESS:
STREET 1: 550 EAST SWEDESFORD ROAD
STREET 2: SUITE 350
CITY: WAYNE
STATE: PA
ZIP: 19087
FORMER COMPANY:
FORMER CONFORMED NAME: CMAC INVESTMENT CORP
DATE OF NAME CHANGE: 19960126
4
1
form4.xml
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0407
4
2023-05-12
0000890926
RADIAN GROUP INC
RDN
0001723148
McMahon Brien
RADIAN GROUP INC.
550 E. SWEDESFORD ROAD, 350
WAYNE
PA
19087
0
1
0
0
Sr.EVP/Chief Franchise Officer
0
Common Stock
2023-05-12
4
M
0
9140
13.99
A
105075
D
Common Stock
2023-05-13
4
M
0
8862
0
A
113937
D
Common Stock
2023-05-13
4
M
0
3457
0
A
117394
D
Common Stock
2023-05-13
4
F
0
13449
24.89
D
103945
D
Common Stock
2023-05-15
4
M
0
6017
0
A
109962
D
Common Stock
2023-05-15
4
M
0
5666
0
A
115628
D
Common Stock
2023-05-15
4
M
0
33575
0
A
149203
D
Common Stock
2023-05-15
4
F
0
16747
25.04
D
132456
D
Performance Stock Options
13.99
2023-05-12
4
M
0
9140
D
2023-05-12
Common Stock
9140
0
D
Restricted Stock Units - Time-based Award
2023-05-13
4
M
0
8862
D
2023-05-13
Common Stock
8862
0
D
Restricted Stock Units - Performance Award
2023-05-13
4
M
0
3457
D
2023-05-13
Common Stock
3457
89203
D
Restricted Stock Units - Time-based Award
2023-05-15
4
M
0
6017
D
2023-05-15
Common Stock
6017
6017
D
Restricted Stock Units - Time-based Award
2023-05-15
4
M
0
5666
D
2023-05-15
Common Stock
5666
11334
D
Restricted Stock Units - Performance Award
2023-05-15
4
M
0
33575
D
2023-05-15
Common Stock
33575
0
D
Stock option exercised upon expiration of award expiring on May 13, 2023.
Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 13, 2020.
Represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 13, 2020, which are subject to a one-year post vest holding period.
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 May 13, 2020, shares withheld by the Company to satisfy the tax liability incurred upon the vesting of 92,660 performance-based RSUs granted May 13, 2020, net of which remain subject to a one year post-vest hold, and shares withheld by the Company to satisfy the exercise price and tax liability of a stock option exercise of an award expiring on May 13, 2023.
Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 12, 2021.
Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 11, 2022.
Represents distribution of shares of common stock related to RSUs that were granted May 15, 2019, which vested on May 15, 2022 and were subject to a one-year post-vest hold.
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 May 12, 2021 and May 11, 2022, as well as shares withheld by the Company to satisfy the tax liability incurred upon the distribution of the performance-based RSUs granted May 15, 2019, following completion of the one-year hold period after vesting of the RSUs.
Includes 627 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan on December 31, 2022.
Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.
Pursuant to the terms of the Company's equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 92,660 performance-based RSUs granted May 13, 2020.
Each RSU represents a contingent right to receive one share of common stock.
Not Applicable
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
2023-05-16