4//SEC Filing
Smith Robert Sorenson 4
Accession 0001468097-10-000001
CIK 0000874501other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 10:29 AM ET
Size
8.0 KB
Accession
0001468097-10-000001
Insider Transaction Report
Form 4
Smith Robert Sorenson
Senior Managing Director
Transactions
- Award
Phantom Stock Units
2010-06-14$0.83/sh+289,593$240,333→ 289,593 totalFrom: 2013-06-14→ Common Stock (289,593 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 June 14, 2010. These PSUs will vest on June 14, 2013 and are to be settled 100% in cash.
Documents
Issuer
AMBAC FINANCIAL GROUP INC
CIK 0000874501
Entity typeother
Related Parties
1- filerCIK 0001468097
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 10:29 AM ET
- Size
- 8.0 KB