4//SEC Filing
AMBAC FINANCIAL GROUP INC 4
Accession 0001194129-07-000004
$OSGCIK 0000874501operating
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 3:42 PM ET
Size
12.3 KB
Accession
0001194129-07-000004
Insider Transaction Report
Form 4
CONSIDINE JILL M
Director
Transactions
- Award
Phantom Stock Units
2007-06-06$88.15/sh+12$1,058→ 6,182 total→ Common Stock (12 underlying) - Award
Phantom Stock Units
2007-06-06$88.15/sh+255$22,478→ 6,170 total→ Common Stock (255 underlying) - Award
Common Stock
2007-06-06$88.15/sh+17$1,499→ 13,783 total
Footnotes (4)
- [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]These Phantom Stock Units ("PSU") were acquired under the Issuer's Deferred Compensation Plan and represent 25% of the Reporting Person's Annual Retainer Fees for serving as a director and chair of a committee during the first quarter of 2007. 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.
- [F4]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, 3:42 PM ET
- Size
- 12.3 KB