0001062993-23-011281.txt : 20230516 0001062993-23-011281.hdr.sgml : 20230516 20230516191008 ACCESSION NUMBER: 0001062993-23-011281 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: Quigley Robert CENTRAL INDEX KEY: 0001759585 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11356 FILM NUMBER: 23929261 MAIL ADDRESS: STREET 1: C/O RADIAN, STREET 2: 1500 MARKET ST., #2050W 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 0001759585 Quigley Robert RADIAN GROUP INC. 550 E SWEDESFORD ROAD, #350 WAYNE PA 19087 0 1 0 0 EVP, Controller & CAO 0 Common Stock 2023-05-12 4 M 0 2740 13.99 A 31412 D Common Stock 2023-05-13 4 M 0 2086 0 A 33498 D Common Stock 2023-05-13 4 M 0 871 0 A 34369 D Common Stock 2023-05-13 4 F 0 3841 24.89 D 30528 D Common Stock 2023-05-15 4 M 0 1383 0 A 31911 D Common Stock 2023-05-15 4 M 0 1513 0 A 33424 D Common Stock 2023-05-15 4 M 0 10044 0 A 43468 D Common Stock 2023-05-15 4 F 0 5462 25.04 D 38006 D Performance Stock Options 13.99 2023-05-12 4 M 0 2740 D 2023-05-12 Common Stock 2740 0 D Restricted Stock Units - Time-based Award 2023-05-13 4 M 0 2086 D 2023-05-13 Common Stock 2086 0 D Restricted Stock Units - Performance Award 2023-05-13 4 M 0 871 D 2023-05-13 Common Stock 871 20929 D Restricted Stock Units - Time-based Award 2023-05-15 4 M 0 1383 D 2023-05-15 Common Stock 1383 1384 D Restricted Stock Units - Time-based Award 2023-05-15 4 M 0 1513 D 2023-05-15 Common Stock 1513 3027 D Restricted Stock Units - Performance Award 2023-05-15 4 M 0 10044 D 2023-05-15 Common Stock 10044 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 21,800 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 an aggregate 396 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan on June 30, 2022 and 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 21,800 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