MBIA INC 4
4 · MBIA INC · Filed Feb 12, 2004
Insider Transaction Report
Form 4
MBIA INCMBI
PIZZARELLI JOHN S
Vice President
Transactions
- Award
Common Stock
2004-02-10$64.84/sh+4,494$291,391→ 30,446 total - Award
Employee Stock Option (Right to Buy)
2004-02-10$64.84/sh+30,000$1,945,200→ 30,000 totalExercise: $64.84From: 2006-02-10Exp: 2014-02-10→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]Restricted Stock Award granted pursuant to 16b-3 exemption.
- [F2]Grant of Options exempt under 16b-3 with a 5 year gradual vesting: 10% on first anniversary, 40% on 2nd, 20% on 3rd, 4th and 5th anniversary of grant, 100% on 2/10/09.