Sec Form 4 Filing - Dickerson Mary @ RADIAN GROUP INC - 2021-05-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Dickerson Mary
2. Issuer Name and Ticker or Trading Symbol
RADIAN GROUP INC [ RDN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Exec. Vice President - CPO
(Last) (First) (Middle)
RADIAN GROUP INC., 1500 MARKET STREET
3. Date of Earliest Transaction (MM/DD/YY)
05/12/2021
(Street)
PHILADELPHIA, PA19102
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units - Time Vested Award $ 0 ( 1 ) 05/12/2021 A 4,610 05/12/2024( 2 ) ( 5 ) Common Stock 4,610 ( 2 ) ( 5 ) 4,610 ( 2 ) D
Restricted Stock Units - Performance Award $ 0 ( 1 ) 05/12/2021 A V 7,710 ( 3 ) 05/12/2024( 4 ) ( 5 ) Common Stock 7,710 ( 4 ) ( 5 ) 7,710 ( 3 ) ( 4 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Dickerson Mary
RADIAN GROUP INC.
1500 MARKET STREET
PHILADELPHIA, PA19102
Exec. Vice President - CPO
Signatures
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact 05/14/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each RSU represents a contingent right to receive one share of common stock.
( 2 )Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 15, 2021.
( 3 )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.
( 4 )Vesting of the performance-based RSUs occurs on May 15, 2024 (between 0 and 15,420 shares), subject to the Company's cumulative growth in "LTI Book Value" per share (as defined in the grant document). Distribution of shares is generally subject to a one-year holding period after vesting.
( 5 )Not Applicable.

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