MGIC INVESTMENT CORP 4
4 · MGIC INVESTMENT CORP · Filed Feb 17, 2016
Insider Transaction Report
Form 4
Nicolaisen Donald T
Director
Transactions
- Disposition to Issuer
Share Units
2016-02-16$6.46/sh−11,135.858$71,938→ 72,075.478 total→ Common Stock (11,135.858 underlying)
Holdings
- 16,399
Common Stock
Footnotes (3)
- [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 do not expire on a fixed date, except that the Share Units are settled in cash ten business days after February 1st of the year after which they were awarded, unless a qualified election for later distribution is made by the reporting person.