CLAPP DAVID C 4
4 · MBIA INC · Filed Jan 5, 2006
Insider Transaction Report
Form 4
MBIA INCMBI
CLAPP DAVID C
Director
Transactions
- Award
Phantom Stock Units
2006-01-03$60.58/sh+660.284$40,000→ 13,880.78 totalExercise: $60.58→ Common Stock (660.284 underlying)
Footnotes (2)
- [F1]Contributions credited to units acquired under Directors Deferred Compensation Plan for Retainer and Meeting fees.
- [F2]Exercisable and expiration dates of units is date of termination of Reporting Person's status as a Director which triggers payment.