PRICE MICHAEL D 4
4 · AMBAC FINANCIAL GROUP INC · Filed Oct 1, 2024
Insider Transaction Report
Form 4
PRICE MICHAEL D
Director
Transactions
- Award
Restricted Stock Units
2024-10-01$11.12/sh+4,497$50,007→ 22,460 total→ Common Stock (4,497 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]RSUs granted on October 1, 2024 shall vest one year later on October 1, 2025. 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 or upon a "change of control" of the Company.