REILLY MICHAEL FRANCIS 4
4 · AMBAC FINANCIAL GROUP INC · Filed Mar 8, 2021
Insider Transaction Report
Form 4
REILLY MICHAEL FRANCIS
Senior Managing Director
Transactions
- Tax Payment
Common Stock
2021-03-04$16.93/sh−803$13,595→ 51,134 total - Exercise/Conversion
Deferred Share Units
2021-03-04−1,723→ 0 total→ Common Stock (1,723 underlying) - Exercise/Conversion
Common Stock
2021-03-04+1,723→ 51,937 total
Footnotes (3)
- [F1]On March 4, 2021, there were 1,723 deferred share units ("DSUs") that settled, and were converted into shares of common stock of Ambac Financial Group, Inc. (the "Company").
- [F2]Represents DSUs that were converted into shares of common stock and withheld by the Company to satisfy certain tax withholding obligations.
- [F3]Each DSU represents a contingent right to receive one share of the Company's common stock.