Julie Norberg - Mar 15, 2022 Form 4 Insider Report for NMI Holdings, Inc. (NMIH)

Role
SVP, Chief Accounting Officer
Signature
/s/ Lynn Zheng, as Attorney-in-Fact
Stock symbol
NMIH
Transactions as of
Mar 15, 2022
Transactions value $
$0
Form type
4
Date filed
3/17/2022, 08:44 PM
Previous filing
Nov 12, 2021
Next filing
May 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -1.26K -5.68% $0.00 20.8K Mar 15, 2022 Direct F1
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -930 -4.47% $0.00 19.9K Mar 15, 2022 Direct F2
transaction NMIH Class A Common Shares, $0.01 par value per share Tax liability $0 -738 -3.71% $0.00 19.2K Mar 15, 2022 Direct F3
transaction NMIH Restricted Stock Unit (right to receive) Award $0 +11.5K +60.19% $0.00 30.7K Mar 15, 2022 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on March 15, 2019, at a net settlement price equal to the closing stock price on March 15, 2022. Such restricted stock units vested in full on March 15, 2022.
F2 Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on March 15, 2020, at a net settlement price equal to the closing stock price on March 15, 2022. Such restricted stock units vest in three equal annual installments beginning on March 15, 2021.
F3 Represents shares withheld by NMIH to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on March 15, 2021, at a net settlement price equal to the closing stock price on March 15, 2022. Such restricted stock units vest in three equal annual installments beginning on March 15, 2022.
F4 Represents restricted stock units granted to the reporting person pursuant to the NMIH Amended and Restated 2014 Omnibus Incentive Plan on March 15, 2022. The restricted stock units vest in three equal annual installments beginning on March 15, 2023.
F5 Represents 5,526 class A common shares and 25,160 unvested restricted stock units.