Home/Filings/4/0001328372-05-000002
4//SEC Filing

AMBAC FINANCIAL GROUP INC 4

Accession 0001328372-05-000002

$OSGCIK 0000874501operating

Filed

Jul 20, 8:00 PM ET

Accepted

Jul 21, 1:21 PM ET

Size

9.8 KB

Accession

0001328372-05-000002

Insider Transaction Report

Form 4
Period: 2005-07-19
Leonard Sean T
SVP, Chief Financial Officer
Transactions
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    2005-07-19+6,6140 total
    Exercise: $72.92Exp: 2012-07-19Common Stock (6,614 underlying)
  • Award

    Common Stock

    2005-07-19$72.92/sh+1,715$125,0581,715 total
Footnotes (2)
  • [F1]Restricted Stock Units ("RSUs") were granted under the Issuer's 1997 Equity Plan, as amended.
  • [F2]Exercisable as follows: 50% of the award vests after the per share price of the common stock of Ambac Financial Group, Inc. meets or exceeds $92.00 for 20 consecutive trading days on the New York Stock Exchange. The remaining 50% of the award vests after the per share price of the common stock of Ambac Financial Group, Inc. meets or exceeds $110.00 for 20 consecutive trading days on the New York Stock Exchange. If all or a portion of the award has not vested by July 19, 2011, then such unvested amount shall vest on July 19, 2011.

Issuer

AMBAC FINANCIAL GROUP INC

CIK 0000874501

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000874501

Filing Metadata

Form type
4
Filed
Jul 20, 8:00 PM ET
Accepted
Jul 21, 1:21 PM ET
Size
9.8 KB