4//SEC Filing
CORSO CLIFFORD D 4
Accession 0000814585-09-000009
CIK 0000814585other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 6:50 PM ET
Size
7.6 KB
Accession
0000814585-09-000009
Insider Transaction Report
Form 4
MBIA INCMBI
CORSO CLIFFORD D
Executive Vice President
Transactions
- Disposition to Issuer
Common Stock
2009-02-10−22,617→ 43,665 total - Award
Employee Stock Option (right to buy)
2009-02-12$4.02/sh+350,000$1,407,000→ 350,000 totalExercise: $4.02From: 2014-02-12Exp: 2016-02-12→ Common Stock (350,000 underlying)
Footnotes (3)
- [F1]Represents 0 (zero) vesting of previously granted restricted stock award as determined by the Compensation and Organization Committee of the Company's Board of Directors on February 10, 2009 based on 0 (zero) growth rate in Modified Book Value of the Company during the period 1/1/06 to 12/31/08.
- [F2]Balance reflects adjustment for 401(K) shares.
- [F3]Options granted pursuant to the Company's 2005 Omnibus Incentive Plan. The options vest in their entirety on the fifth anniversary of the grant date and expire on the seventh anniversary of the grant date.
Documents
Issuer
MBIA INC
CIK 0000814585
Entity typeother
Related Parties
1- filerCIK 0001259964
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 6:50 PM ET
- Size
- 7.6 KB