0000890926-20-000050.txt : 20200515 0000890926-20-000050.hdr.sgml : 20200515 20200515161233 ACCESSION NUMBER: 0000890926-20-000050 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200513 FILED AS OF DATE: 20200515 DATE AS OF CHANGE: 20200515 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: 20885293 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 2020-05-13 0000890926 RADIAN GROUP INC RDN 0001732842 Ray Eric RADIAN GROUP INC. 1500 MARKET STREET PHILADELPHIA PA 19102 0 1 0 0 Sr. Executive Vice President Restricted Stock Units - Time Vested Award 0.0 2020-05-13 4 A 0 26060 A 2023-05-13 Common Stock 26060 26060 D Restricted Stock Units - Performance Award 0.0 2020-05-13 5 A 0 46330 A 2023-05-13 Common Stock 46330 46330 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. Vesting of the performance-based RSUs occurs on the third anniversary of the grant date (between 0 and 92,660 shares), subject to the Company's cumulative growth in "LTI Book Value" per share (as defined in the grant document). Distribution of shares is generally subject to a one-year holding period after vesting. 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. Not Applicable. /s/ Edward J. Hoffman 2020-05-15