Filing Details
- Accession Number:
- 0001547903-20-000115
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-12-11 16:53:42
- Reporting Period:
- 2020-12-09
- Accepted Time:
- 2020-12-11 16:53:42
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1547903 | Nmi Holdings Inc. | NMIH | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1052831 | M Bradley Shuster | C/O Nmi Holdings, Inc. 2100 Powell Street 12Th Fl. Emeryville CA 94608 | Executive Chairman | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Shares, $0.01 Par Value Per Share | Acquisiton | 2020-12-09 | 36,628 | $11.75 | 636,679 | No | 4 | M | Direct | |
| Class A Common Shares, $0.01 Par Value Per Share | Disposition | 2020-12-09 | 36,628 | $24.40 | 600,051 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Shares, $0.01 Par Value Per Share | Stock Option (right to buy) | Disposition | 2020-12-09 | 36,628 | $0.00 | 36,628 | $11.75 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 60,077 | 2023-02-14 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Shares, $0.01 Par Value Per Share | 47,150 | Indirect | By Shuster Family Trust, of which Mr. Shuster and his wife are co-trustees and beneficiaries |
Footnotes
- Mr. Shuster has adopted a 10b5-1 Plan. This 10b5-1 Plan allows for the orderly disposition of a portion of shares owned by Mr. Shuster as part of his investment and financial planning needs, including individual asset diversification. The shares were sold pursuant to the 10b5-1 Plan.
- The common stock was sold by the reporting person in a series of open market transactions on the transaction date at a weighted average sale price of $24.3960. The range of sale prices was $24.05 to $24.64. The reporting person undertakes to provide upon request by SEC staff, the issuer, or a securityholder of the issuer, full information regarding the number of shares sold at each price.
- Represents 521,120 class A common shares and 78,931 unvested restricted stock units.
- The option fully vested on February 14, 2016.
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