SEC Form 4 · accession 0000814585-18-000006
MBIA INC · MBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Joseph R. Schachinger
Officer — Controller
Period of report
Mar 4, 2018
Accepted (ET)
Mar 6, 2018 · 5:41 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,F2 | Mar 4, 2018 | A | 2,263 | $8.08 | A | 51,440 | D | |
| Common StockF3,F2 | Mar 4, 2018 | F | 769 | $8.08 | D | 50,671 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock granted pursuant to long-term incentive award under 16b-3 exemption. The restricted stock vests in one-third increments on each of the third, fourth and fifth anniversaries of the date of grant.
- F2Balance reflects adjustment for retirement plan shares.
- F3Represents shares surrendered to Issuer for payment of tax liability upon vesting of restricted stock.