Timothy J. Mattke - Feb 28, 2023 Form 4 Insider Report for MGIC INVESTMENT CORP (MTG)

Role: Chief Executive Officer, Director
Signature: Leslie A. Schunk, Attorney-in-Fact
Stock symbol: MTG
Transactions as of: Feb 28, 2023
Transactions value $: -$1,454,221
Form type: 4
Date filed: 3/1/2023, 01:44 PM
Previous filing: Jul 26, 2022
Next filing: Feb 22, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTG	Common Stock	Tax liability	-$1.44M	-105K	-13.21%	$13.78	687K	Feb 28, 2023	Direct
transaction	MTG	Common Stock	Disposed to Issuer		-92.6K	-13.48%		594K	Feb 28, 2023	Direct	F1

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	MTG	Common Stock	Disposed to Issuer	-$13.9K	-957	-100%	$14.51	0	Aug 29, 2022	Common Stock	957		By Issuer's Profit Sharing & Savings Plan	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the forfeiture of performance-based restricted stock units granted to the Reporting Person on January 27, 2020 that were eligible to vest upon percentage achievement of a pre-established performance goal. Based on the Company's performance over the applicable performance period, a portion of the grant has been forfeited.
F2	On August 29, 2022, the Issuer eliminated the Issuer's stock fund as an investment alternative available under its 401(k) plan. As a result, 956.626 shares of common stock the reporting person previously beneficially owned under the plan were liquidated, in transactions exempt from Section 16(a) and Section 16(b) under Rule 16a-3(f)(1(i)(B) and Rule 16b-3(c).