Ramsey D. Smith - May 18, 2023 Form 4 Insider Report for GENWORTH FINANCIAL INC (GNW)

Role
Director
Signature
/s/ David F. Kurzawa, by power of attorney
Stock symbol
GNW
Transactions as of
May 18, 2023
Transactions value $
$150,000
Form type
4
Date filed
5/22/2023, 05:05 PM
Previous filing
Apr 3, 2023
Next filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNW Class A Common Stock Award $150K +27.4K $5.47 27.4K May 18, 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GNW Deferred Stock Units Award +3.54K +5.32% 70K May 18, 2023 Class A Common Stock 3.54K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects award of restricted stock units (RSUs) in payment of a portion of the reporting person's annual retainer fee. The RSUs vest on the one-year anniversary of the grant date, and convert to shares of Class A Common Stock upon vesting (unless the reporting person elected to defer receipt of the shares until termination of service as a director or to a future specified year).
F2 Reflects the twenty-day average trading price per share of Class A Common Stock.
F3 Deferred Stock Units become payable in shares of Class A Common Stock beginning one year after termination of service as a director. The Reporting Person has previously elected to receive such amount in a single payment or in payments spread out for up to 10 years.
F4 The number of Deferred Stock Units acquired represents a pro-rata payment of a quarterly portion of the Reporting Person's annual retainer fee and was based on a twenty-day average trading price per share of Class A Common Stock of $5.472.