SEC Form 4 · accession 0000814585-15-000003
MBIA INC · MBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel P Kearney
Director
Period of report
May 6, 2015
Accepted (ET)
May 8, 2015 · 4:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000814585
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 6, 2015 | M | 3,491 | $8.51 | A | 109,794 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hypothetical Stock UnitsF1 | $0.00 | May 6, 2015 | M | 3,491 | D | — | — | Common Stock | 3,491 | 0 | D |
Explanation of responses
- F1In connection with the Reporting Person's termination of status as a Non-employee Director, 3,491 Hypothetical Stock Units acquired under the MBIA Inc. Amended and Restated Deferred Compensation and Stock Ownership Plan for Non-employee Directors were converted to 3,491 shares of MBIA Inc. Common Stock.