Greene Alexander David 4
4 · AMBAC FINANCIAL GROUP INC · Filed May 1, 2020
Insider Transaction Report
Form 4
Greene Alexander David
Director
Transactions
- Award
Restricted Stock Units
2020-04-30+11,628→ 71,452 total→ Common Stock (11,628 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Ambac Financial Group, Inc. (the "Company").
- [F2]RSU's granted on April 30, 2020 shall vest one year later on April 30, 2021. RSUs that have become vested shall settle and convert into shares of common stock upon the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of the Company.