NMI Holdings, Inc. 4
4 · NMI Holdings, Inc. · Filed May 16, 2016
Insider Transaction Report
Form 4
Montgomery Michael Curry
Director
Transactions
- Exercise/Conversion
Phantom Stock
2016-05-14−6,031→ 0 totalFrom: 2016-05-14Exp: 2016-05-14→ Class A Common Shares, $0.01 par value per share (6,031 underlying) - Exercise/Conversion
Class A Common Shares, $0.01 par value per share
2016-05-14$5.94/sh−6,031$35,824→ 6,145 total - Award
Phantom Stock
2016-05-12+8,169→ 8,169 totalExercise: $0.00From: 2017-05-12Exp: 2017-05-12→ Class A Common Shares, $0.01 par value per share (8,169 underlying)
Footnotes (2)
- [F1]This transaction represents a deemed sale of underlying stock to the issuer by the reporting person and settlement of phantom stock for cash. No shares of stock were issued to the reporting person.
- [F2]Each share of phantom stock is the economic equivalent of one share of NMIH common stock.