4//SEC Filing
Bergonzi Adam T. 4
Accession 0000814585-23-000010
CIK 0000814585other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 5:29 PM ET
Size
7.1 KB
Accession
0000814585-23-000010
Insider Transaction Report
Form 4
MBIA INCMBI
Bergonzi Adam T.
Assistant Vice President
Transactions
- Award
Common Stock
2023-03-03$12.46/sh+20,064$249,997→ 902,818 total - Award
Common Stock
2023-03-03$12.46/sh+31,982$398,496→ 934,800 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]The vesting of the March 2023 performance-based share awards will be contingent on Total Shareholder Return over a three year performance period beginning December 31, 2022 and ending on December 31, 2025. The beginning stock price is the closing share price as of 12/31/22 and ending stock price will be the average stock price over the 60 trading days preceding and including the last day of the performance period. Earned shares will vest in equal installments on the third, fourth and fifth anniversary of the grant date, subject to the NEO's continued employment subject to certain exceptions. Performance-based shares not earned will be forfeited.
Documents
Issuer
MBIA INC
CIK 0000814585
Entity typeother
Related Parties
1- filerCIK 0001717578
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 5:29 PM ET
- Size
- 7.1 KB