SEC Form 4 · accession 0000814585-17-000005
MBIA INC · MBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph W Brown
Officer — Chief Executive Officer · Director
Period of report
Dec 31, 2016
Accepted (ET)
Jan 4, 2017 · 6:21 pm EST
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 | Dec 31, 2016 | F | 386,775 | $10.70 | D | 3,099,622 | D | |
| Common StockF2 | Jan 2, 2017 | D | 750,000 | $0.00 | D | 2,349,622 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares surrendered to Issuer for payment of tax liability upon vesting of restricted stock.
- F2Represents 0 (zero) vesting of previously granted restricted stock award due to non-achievement of performance criteria.