0000890926-18-000038.txt : 20180511 0000890926-18-000038.hdr.sgml : 20180511 20180511161656 ACCESSION NUMBER: 0000890926-18-000038 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180509 FILED AS OF DATE: 20180511 DATE AS OF CHANGE: 20180511 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ray Eric CENTRAL INDEX KEY: 0001732842 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11356 FILM NUMBER: 18827102 MAIL ADDRESS: STREET 1: C/O RADIAN STREET 2: 1500 MARKET ST., #2050W CITY: PHILADELPHIA STATE: PA ZIP: 19102 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: RADIAN GROUP INC CENTRAL INDEX KEY: 0000890926 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 232691170 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1500 MARKET STREET STREET 2: 19TH FLOOR, WEST TOWER CITY: PHILADELPHIA STATE: PA ZIP: 19102 BUSINESS PHONE: 2155646600 MAIL ADDRESS: STREET 1: 1500 MARKET ST STREET 2: 19TH FLOOR, WEST TOWER CITY: PHILADELPHIA STATE: PA ZIP: 19102 FORMER COMPANY: FORMER CONFORMED NAME: CMAC INVESTMENT CORP DATE OF NAME CHANGE: 19960126 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2018-05-09 0000890926 RADIAN GROUP INC RDN 0001732842 Ray Eric C/O RADIAN GROUP 1500 MARKET ST. PHILADELPHIA PA 19102 0 1 0 0 Sr. Executive Vice President Restricted Stock Unit - Time Vested Award 0 2018-05-09 4 A 0 11510 A 2019-05-09 Common Stock 11510 11510 D Restricted Stock Units -Performance Award 0 2018-05-09 5 A 0 25830 A 2021-05-09 Common Stock 25830 25830 D Each RSU represents a contingent right to receive one share of common stock. Vesting of time-based RSUs occurs pro rata on each of the first, second and third anniversaries of the date of grant. The time-vested RSUs have no voting or dividend rights. Each performance-based RSU represents a contingent right to receive one share of common stock. 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. The performance-based RSUs have no voting or dividend rights. Vesting of the performance-based RSUs occurs on the third anniversary of the grant date (between 0 and 51,660 shares), subject to the Company's cumulative growth in "LTI Book Value" per share (as defined in the grant document). Payouts are generally subject to a one-year holding period after vesting. N/A Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact 2018-05-11