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4//SEC Filing

GANDOLFO THOMAS J 4

Accession 0001216275-05-000001

CIK 0000874501other

Filed

Jan 25, 7:00 PM ET

Accepted

Jan 26, 1:40 PM ET

Size

10.7 KB

Accession

0001216275-05-000001

Insider Transaction Report

Form 4
Period: 2005-01-24
GANDOLFO THOMAS J
Senior Managing Director
Transactions
  • Award

    Common Stock

    2005-01-24$79.30/sh+5,045$400,06924,301 total
  • Award

    Employee Stock Option (Right to Buy)

    2005-01-24+35,00035,000 total
    Exercise: $79.30From: 2011-01-24Exp: 2012-01-24Common Stock (35,000 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    902
Footnotes (3)
  • [F1]Restricted Stock Units ("RSUs") were granted under the Issuer's 1997 Equity Plan, as amended.
  • [F2]Based on a plan statement as of December 31, 2004.
  • [F3]Exercisable as follows: 17,500 shares after the per share price of the Issuer's common stock is or exceeds $100.00 for 20 consecutive trading days on the New York Stock Exchange (NYSE). The remaining 17,500 shares will be exercisable after the per share price of the Issuer's common stock is or exceeds $120.00 for 20 consecutive trading days on the NYSE. If all or a portion of the shares have not become exercisable by January 24, 2011, then such unexercisable amount shall become exercisable on January 24, 2011.

Issuer

AMBAC FINANCIAL GROUP INC

CIK 0000874501

Entity typeother

Related Parties

1
  • filerCIK 0001216275

Filing Metadata

Form type
4
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 1:40 PM ET
Size
10.7 KB