MGIC INVESTMENT CORP 4
4 · MGIC INVESTMENT CORP · Filed Apr 30, 2015
Insider Transaction Report
Form 4
Nicolaisen Donald T
Director
Transactions
- Sale
Common Stock
2015-04-29$10.60/sh−10,000$106,010→ 16,399 total
Holdings
- 65,543.491
Share Units
From: 2015-02-01→ Common Stock (65,543.491 underlying)
Footnotes (5)
- [F1]The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person.
- [F2]These Share Units do not have a specified dollar-denominated exercise or conversion price. (Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.)
- [F3]These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
- [F4]The converted Share Units were subject to certain restrictions and vested on February 1, 2015 when such restrictions lapsed.
- [F5]These Share Units do not expire on a fixed date. Under certain circumstances, the Share Units are subject to forfeiture if the reporting person ceases to be a Director of the issuer before the lapse of restrictions on the Share Units.