4//SEC Filing
Smith Robert Sorenson 4
Accession 0000874501-09-000010
CIK 0000874501other
Filed
Jul 16, 8:00 PM ET
Accepted
Jul 17, 3:41 PM ET
Size
8.0 KB
Accession
0000874501-09-000010
Insider Transaction Report
Form 4
Smith Robert Sorenson
Senior Managing Director
Transactions
- Award
Phantom Stock Units
2009-07-15$1.00/sh+35,000$35,000→ 35,000 totalFrom: 2012-07-15→ Common Stock (35,000 underlying)
Footnotes (2)
- [F1]Each Phantom Stock Unit converts to common stock on a one to one basis.
- [F2]These Phantom Stock Units ("PSUs") were acquired under the Issuer's 1997 Employee Equity Plan, as amended. The number of PSUs was determined based on the closing price of the Issuer's common stock on July 15, 2009. These PSUs will vest on July 15, 2012 and are to be settled 100% in cash.
Documents
Issuer
AMBAC FINANCIAL GROUP INC
CIK 0000874501
Entity typeother
Related Parties
1- filerCIK 0001468097
Filing Metadata
- Form type
- 4
- Filed
- Jul 16, 8:00 PM ET
- Accepted
- Jul 17, 3:41 PM ET
- Size
- 8.0 KB