SEC Form 4 · accession 0000814585-18-000032
MBIA INC · MBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis Y Chin
Director
Period of report
Jul 2, 2018
Accepted (ET)
Jul 5, 2018 · 5:31 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 | Jul 2, 2018 | A | 333 | $8.90 | A | 38,790 | 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 UnitsF2,F3 | $8.90 | Jul 2, 2018 | A | 1,001 | A | — | — | Common Stock | 1,001 | 9,973 | D |
Explanation of responses
- F1Shares acquired in payment of director retainer and meeting fees.
- F2Contribution credited to units acquired under Directors Deferred Compensation Plan for retainer and meeting fees.
- F3Exercisable and expiration dates of units is date of termination of Reporting Person's status as Director which triggers payments.