4//SEC Filing
AMBAC FINANCIAL GROUP INC 4
Accession 0001194144-07-000001
$OSGCIK 0000874501operating
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 2:06 PM ET
Size
14.3 KB
Accession
0001194144-07-000001
Insider Transaction Report
Form 4
GENADER ROBERT J
DirectorPresident and CEO
Transactions
- Award
Employee Stock Option (Right to Buy)
2007-01-29+110,000→ 110,000 totalExercise: $87.27From: 2012-01-29Exp: 2014-01-29→ Common Stock (110,000 underlying) - Award
Common Stock
2007-01-29$87.27/sh+18,334$1,600,008→ 536,703 total - Award
Common Stock
2007-01-29$87.27/sh+4,727$412,525→ 518,369 total - Award
Common Stock
2007-01-29$65.45/sh+1,576$103,149→ 513,642 total
Holdings
- 2,943(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Restricted Stock Units ("RSUs") were granted under the Issuer's 1997 Equity Plan, as amended, in lieu of cash bonus compensation of equal value; the number of units was determined based on 75% of the average of the closing price of the Issuer's common stock on January 29, 2007.
- [F2]Restricted Stock Units ("RSUs") were granted under the Issuer's 1997 Equity Plan, as amended, in lieu of cash bonus compensation of equal value; the number of units was determined based on the closing price of the Issuer's common stock on January 29, 2007.
- [F3]Restricted Stock Units ("RSUs") were granted under the Issuer's 1997 Equity Plan, as amended.
- [F4]Based on a plan statement as of December 31, 2006.
- [F5]Exercisable as follows: 55,000 shares after the per share price of the Issuer's common stock is or exceeds $106.00 for 20 consecutive trading days on the New York Stock Exchange (NYSE). The remaining 55,000 shares will be exercisable after the per share price of the Issuer's common stock is or exceeds $125.00 for 20 consecutive trading days on the NYSE. If all or a portion of the shares have not become exercisable by January 29, 2012, then such unexercisable amount shall become exercisable on January 29, 2012.
Issuer
AMBAC FINANCIAL GROUP INC
CIK 0000874501
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000874501
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 2:06 PM ET
- Size
- 14.3 KB