4//SEC Filing
Harris Jonathan C. 4
Accession 0000814585-22-000009
CIK 0000814585other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 5:52 PM ET
Size
7.2 KB
Accession
0000814585-22-000009
Insider Transaction Report
Form 4
MBIA INCMBI
Harris Jonathan C.
General Counsel and Secretary
Transactions
- Award
Common Stock
2022-03-03+13,138→ 631,365 total - Award
Common Stock
2022-03-03+25,254→ 656,619 total
Footnotes (3)
- [F1]Time based shares that will vest in equal installments on the third, fourth and fifth anniversary of the grant date, subject to the NEO's continued employment on the vesting date(subject to certain exceptions).
- [F2]Balance reflects adjustment for retirement plan shares.
- [F3]Restricted stock granted pursuant to long-term incentive award under 16b-3 exemption. The shares issued are the target number of performance-based restricted stock that may be earned (in a range of 0% to 200% of the target number of shares issued) based on the achievement of a certain performance metric as of December 31, 2024. Unless otherwise adjusted downward by the compensation committee in its discretion, the number of performance shares that may be earned in excess of the target number of shares is 25,254. Any shares that are not earned on such date will be forfeited. The shares that are earned on such date will vest in one-third increments on each of the third, fourth and fifth anniversaries of the date of grant, subject to certain continued service conditions.
Documents
Issuer
MBIA INC
CIK 0000814585
Entity typeother
Related Parties
1- filerCIK 0001717554
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 5:52 PM ET
- Size
- 7.2 KB