4//SEC Filing
AMBAC FINANCIAL GROUP INC 4
Accession 0001194126-07-000004
$OSGCIK 0000874501operating
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 3:36 PM ET
Size
9.7 KB
Accession
0001194126-07-000004
Insider Transaction Report
Form 4
CALLEN MICHAEL A
Chairman
Transactions
- Award
Common Stock
2007-06-06$88.15/sh+25$2,204→ 20,806 total - Award
Phantom Stock Unit
2007-06-06$88.15/sh+28$2,468→ 13,531 total→ Common Stock (28 underlying)
Footnotes (3)
- [F1]Represents dividends on Director Stock Units ("DSUs") granted to the Reporting Person under the Issuer's 1997 Non-Employee Directors Equity Plan, as amended, which dividends are paid in the form of additional DSUs.
- [F2]Each Phantom Stock Unit converts to common stock on a one to one basis.
- [F3]Represents dividends on Phantom Stock Units acquired under the Issuer's Deferred Compensation Plan and are to be settled 100% in cash upon the Reporting Person's retirement or resignation from the Issuer's Board of Directors or on an earlier dated previously selected by the Reporting Person.
Issuer
AMBAC FINANCIAL GROUP INC
CIK 0000874501
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000874501
Filing Metadata
- Form type
- 4
- Filed
- Jun 7, 8:00 PM ET
- Accepted
- Jun 8, 3:36 PM ET
- Size
- 9.7 KB