AMBAC FINANCIAL GROUP INC 4
4 · AMBAC FINANCIAL GROUP INC · Filed Jun 3, 2005
Insider Transaction Report
Form 4
GANDOLFO THOMAS J
Senior Managing Director
Transactions
- Award
Common Stock
[F1]2005-06-01$71.89/sh+29$2,085→ 23,092 total - Tax Payment
Common Stock
[F2]2005-06-01$71.89/sh−1$72→ 23,091 total
Holdings
- 986(indirect: By Trust)
Common Stock
[F3]
Footnotes (3)
- [F1]Represents dividends on Restricted Stock Units ("RSUs") granted to the Reporting Person under the 1997 Equity Plan, as amended, which dividends are paid in the form of additional RSUs.
- [F2]Shares were withheld pursuant to the exercise of a tax withholding right under the Issuer's 1997 Equity Plan, as amended.
- [F3]Based on a plan statement as of May 31, 2005.
Signature
Anne G. Gill, Attorney-in-fact for Thomas J. Gandolfo|2005-06-03