Meyer Laurence H 4
4 · MBIA INC · Filed May 5, 2011
Insider Transaction Report
Form 4
MBIA INCMBI
Meyer Laurence H
Director
Transactions
- Exercise/Conversion
Hypothetical Stock Units
2011-05-04−66,474.143→ 0 totalExercise: $9.57→ Common Stock (66,474.143 underlying) - Exercise/Conversion
Common Stock
2011-05-04$9.57/sh+66,474$636,156→ 97,853 total - Award
Hypothetical Stock Units
2011-05-04$9.57/sh+208.986$2,000→ 66,474.143 totalExercise: $9.57→ Common Stock (208.986 underlying)
Footnotes (4)
- [F1]Stock issued pursuant to conversion of Hypothetical Share Units under Directors' Deferred Compensation Plan resulting from termination of status as a Director.
- [F2]Contributions credited to units acquired under Directors' Deferred Compensation Plan for Meeting Fees.
- [F3]Exercisable and expiration dates of units is date of termination or Reporting Person's status as Director which triggers payment.
- [F4]Disposition of Hypothetical Share Units through conversion to common stock issued upon termination of status as a Director.