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