4//SEC Filing
AMBAC FINANCIAL GROUP INC 4
Accession 0001194127-04-000006
$OSGCIK 0000874501operating
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 12:20 PM ET
Size
13.9 KB
Accession
0001194127-04-000006
Insider Transaction Report
Form 4
CAPORALI RENSO L
Director
Transactions
- Award
Common Stock
2004-12-01$81.94/sh+6$492→ 10,782 total - Award
Phantom Stock Units
2004-12-01$81.94/sh+13$1,065→ 8,212 total→ Common Stock (13 underlying) - Award
Phantom Stock Units
2004-12-01$81.94/sh+183$14,995→ 8,395 total→ Common Stock (183 underlying)
Holdings
- 3,400(indirect: Keogh Plan)
Common Stock
Footnotes (7)
- [F1]Represents dividends on Restricted Stock Units ("RSUs") 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 RSUs.
- [F2]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.
- [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.
- [F4]These Phantom Stock Units ("PSU") were acquired under the Issuer's Deferred Compensation Plan and represent 25% of the Reporting Person's Annual Fees for serving as a director and 100% of his Meeting fees earned during the third quarter of 2004. These PSUs 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 date previously selected by the Reporting Person.
- [F5]These Phantom Stock Units ("PSU") were acquired under the Issuer's Deferred Compensation Plan and represent 25% of the Reporting Person's Annual Fees for serving as a director and 100% of his Meeting fees earned during the third quarter of 2004. These PSUs 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 date previously selected by the Reporting Person.
- [F6]Each Phantom Stock Unit converts to common stock on a one to one basis.
- [F7]Each Phantom Stock Unit converts to common stock on a one to one basis.
Issuer
AMBAC FINANCIAL GROUP INC
CIK 0000874501
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000874501
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 12:20 PM ET
- Size
- 13.9 KB