| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RDN | Restricted Stock Units - Time-based Award | Award | +4.16 K | 4.16 K | May 22, 2024 | Common Stock | 4.16 K | $0.00 | Direct | F1, F2, F5 | |||
| transaction | RDN | Restricted Stock Units - Performance Award | Award | +6.84 K | 6.84 K | May 22, 2024 | Common Stock | 6.84 K | $0.00 | Direct | F1, F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | Each RSU represents a contingent right to receive one share of common stock. |
| F2 | Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 15, 2024. |
| F3 | 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. |
| F4 | Vesting of the performance-based RSUs occurs on May 15, 2027 (between 0 and 13,680 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) as compared to the average TSR of a designated peer group, in each case over a three-year performance period. Distribution of the shares generally is subject to a one-year post-vest holding period. |
| F5 | Not Applicable. |