BARRANCO DAVID 4
4 · AMBAC FINANCIAL GROUP INC · Filed Mar 11, 2024
Insider Transaction Report
Form 4
BARRANCO DAVID
Senior Managing Director
Transactions
- Exercise/Conversion
Common Stock
2024-03-08+7,001→ 114,328 total - Exercise/Conversion
Restricted Stock Units
2024-03-08−7,001→ 16,154 total→ Common Stock (7,001 underlying) - Tax Payment
Common Stock
2024-03-08$15.38/sh−2,523$38,804→ 111,805 total
Footnotes (3)
- [F1]Represents the aggregate amount of restricted stock units ("RSUs") that were converted into shares of common stock of Ambac Financial Group, Inc. (the "Company") upon settlement of a portion of the reporting person's 2021 Long Term Incentive Plan award.
- [F2]Represents the amount of RSUs that were converted into shares of common stock and withheld by the Company to satisfy certain tax withholding obligations.
- [F3]Each RSU represents a contingent right to receive one share of the common stock of the Company.