AMBAC FINANCIAL GROUP INC 4
4 · AMBAC FINANCIAL GROUP INC · Filed Jan 31, 2007
Insider Transaction Report
Form 4
Wallis David W
DirectorPresident and CEO
Transactions
- Award
Employee Stock Option (Right to Buy)
2007-01-29+17,500→ 17,500 totalExercise: $87.27From: 2012-01-29Exp: 2014-01-29→ Common Stock (17,500 underlying) - Award
Common Stock
2007-01-29$87.27/sh+2,292$200,023→ 24,077 total
Footnotes (3)
- [F1]Restricted Stock Units ("RSUs") were granted under the Issuer's 1997 Equity Plan, as amended.
- [F2]Restricted Stock Units ("RSUs") were granted under the Issuer's 1997 Equity Plan, as amended.
- [F3]Exercisable as follows: 8,750 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 8,750 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.