SEC Form 4 · accession 0000814585-18-000039
MBIA INC · MBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher H. Young
Officer — Assistant Vice President
Period of report
Nov 8, 2018
Accepted (ET)
Nov 13, 2018 · 6:04 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 | Nov 8, 2018 | A | 333,333 | $0.00 | A | 431,871 | 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 the MBIA Inc. 2005 Omnibus Incentive Plan, as amended. The restricted stock will cliff vest on March 3, 2025 provided Mr. Young remains continuously employed through such date.
- F2Balance reflects adjustment for retirement plan shares.