4//SEC Filing
MBIA INC 4
Accession 0001181431-04-008837
$MBICIK 0000814585operating
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 6:42 PM ET
Size
7.2 KB
Accession
0001181431-04-008837
Insider Transaction Report
Form 4
MBIA INCMBI
DUNTON GARY C
DirectorPresident and CEO
Transactions
- Award
Employee Stock Option (Right to buy)
2004-02-10$64.84/sh−200,000$12,968,000→ 200,000 totalExercise: $64.84From: 2004-02-10Exp: 2014-02-10→ Common Stock (200,000 underlying) - Award
Common Stock
2004-02-10$64.84/sh+28,532$1,850,015→ 164,550 total
Footnotes (2)
- [F1]Restricted Stock Award granted pursuant to 16b-3 exemption.
- [F2]Vesting in years 1 to 3; if at any time during the years 1 to 9 the stock has traded at $70 per share for ten consecutive trading days(the "Trading Target"), the options would immediately vest in full but no sooner that the third anniversary date; if the Trading Target is not met in years 1 to 9, then the options would vest in full on the ninth anniversary date.
Documents
Issuer
MBIA INC
CIK 0000814585
Entity typeoperating
IncorporatedCT
Related Parties
1- filerCIK 0000814585
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 6:42 PM ET
- Size
- 7.2 KB