4//SEC Filing
CONSIDINE JILL M 4
Accession 0001194129-09-000001
CIK 0000874501other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 12:03 PM ET
Size
8.8 KB
Accession
0001194129-09-000001
Insider Transaction Report
Form 4
CONSIDINE JILL M
Director
Transactions
- Award
Phantom Stock Units
2009-04-01$0.82/sh+61,280$50,250→ 117,140 total→ Common Stock (61,280 underlying)
Holdings
- 57,645
Common Stock
Footnotes (2)
- [F1]Each Phantom Stock Unit converts to common stock on a one to one basis.
- [F2]These Phantom Stock Units ("PSUs") 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 as a Presiding Director and 100% of her Meeting Fees earned during the fouth quarter of 2008. 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.
Issuer
AMBAC FINANCIAL GROUP INC
CIK 0000874501
Entity typeother
Related Parties
1- filerCIK 0001194129
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 12:03 PM ET
- Size
- 8.8 KB