Form Type: 4

SEC EDGAR Link
Acccession Number:0001547903-19-000110
Date:2019-09-05
Issuer: NMI HOLDINGS, INC. (NMIH)
Original Submission Date:

Reporting Person:

SHUSTER BRADLEY M
C/O NMI HOLDINGS, INC.
2100 POWELL STREET 12TH FL. EMERYVILLE, CA 94608

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON SHARES, $0.01 PAR VALUE PER SHARE 2019-09-05 M 25,625 a $10.00 517,927 direct
CLASS A COMMON SHARES, $0.01 PAR VALUE PER SHARE 2019-09-05 S 25,625 d $27.95 492,302 direct
CLASS A COMMON SHARES, $0.01 PAR VALUE PER SHARE 2019-09-06 S 12,500 d $27.78 222,266 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTION (RIGHT TO BUY) 10.0 2019-09-05 deemed execution date M 25,625 (d) 2022-04-24 class a common shares, $0.01 par value per share 25,625 $10.00 256,250 direct
Footnotes
IDfootnote
f1 79,293 shares were transferred to the shuster family trust on august 27, 2019.
f2 as part of mr. shuster's investment and financial planning needs, including individual asset diversification, mr. shuster sold a total of 38,125 shares of nmi holdings, inc.
f3 the 25,625 shares were sold by the reporting person in a series of open market transactions on the transaction date at a weighted average sale price of $27.9454. the range of sale prices was $27.72 to $28.09. the reporting person undertakes to to provide, upon request by the sec staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
f4 represents 428,159 class a common shares and 64,143 unvested restricted stock units.
f5 the 12,500 shares were sold by the reporting person in a series of open market transactions on the transaction date at a weighted average sale price of $27.7751. the range of sale prices was $27.66 to $27.98. the reporting person undertakes to provide, upon request by the sec staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
f6 the option vested in full on april 24, 2015.

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