4//SEC Filing
AMBAC FINANCIAL GROUP INC 4
Accession 0001468097-09-000001
$OSGCIK 0000874501operating
Filed
Oct 21, 8:00 PM ET
Accepted
Oct 22, 1:29 PM ET
Size
8.0 KB
Accession
0001468097-09-000001
Insider Transaction Report
Form 4
Smith Robert Sorenson
Senior Managing Director
Transactions
- Award
Phantom Stock Units
2009-10-20$1.00/sh+40,000$40,000→ 40,000 totalFrom: 2012-10-20→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]Each Phantom Stock Unit converts to common stock on a one to one basis.
- [F2]These Phantom Stock Units ("PSUs") were acquired under the Issuer's 1997 Employee Equity Plan, as amended. The number of PSUs was determined based on the closing price of the Issuer's common stock on July 15, 2009. These PSUs will vest on October 20, 2012 and are to be settled 100% in cash.
Documents
Issuer
AMBAC FINANCIAL GROUP INC
CIK 0000874501
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000874501
Filing Metadata
- Form type
- 4
- Filed
- Oct 21, 8:00 PM ET
- Accepted
- Oct 22, 1:29 PM ET
- Size
- 8.0 KB