4//SEC Filing
Trick David 4
Accession 0000874501-25-000029
CIK 0000874501other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 6:30 PM ET
Size
18.5 KB
Accession
0000874501-25-000029
Insider Transaction Report
Form 4
Trick David
Senior Managing Director, CFO
Transactions
- Exercise/Conversion
Common Stock
2025-02-28+663→ 156,745 total - Tax Payment
Common Stock
2025-02-28$9.71/sh−663$6,438→ 156,082 total - Exercise/Conversion
Common Stock
2025-03-03+201→ 156,283 total - Tax Payment
Common Stock
2025-03-03$9.30/sh−201$1,869→ 156,082 total - Exercise/Conversion
Deferred Share Units
2025-02-28+5,567→ 87,749 total→ Common Stock (5,567 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-03−5,674→ 23,163 total→ Common Stock (5,674 underlying) - Exercise/Conversion
Deferred Share Units
2025-03-03+5,473→ 93,222 total→ Common Stock (5,473 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-28−6,230→ 28,837 total→ Common Stock (6,230 underlying)
Footnotes (6)
- [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]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]Represents the amount of RSUs that vested upon settlement of a portion of the reporting person's 2022 Long Term Incentive Plan award.
- [F4]Each deferred share unit ("DSU") represents a contingent right to receive one share of common stock of the Company.
- [F5]Represents the aggregate amount of RSUs that were converted into an equivalent number of DSUs pursuant to the Company's Executive Stock Deferral Plan, which was designed to enable participants to elect to defer the settlement and income taxation of RSU awards in accordance with Section 409A of the Internal Revenue Code of 1986, as amended.
- [F6]Represents the amount of RSUs that were converted into shares of common stock of the Company upon settlement of a portion of the reporting person's 2023 Long Term Incentive Plan award.
Documents
Issuer
AMBAC FINANCIAL GROUP INC
CIK 0000874501
Entity typeother
Related Parties
1- filerCIK 0001480597
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 6:30 PM ET
- Size
- 18.5 KB