SEC Form 4 · accession 0000814585-19-000013
MBIA INC · MBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph R. Schachinger
Officer — Controller
Period of report
Mar 5, 2019
Accepted (ET)
Mar 7, 2019 · 6:52 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 5, 2019 | F | 1,184 | $10.65 | D | 56,016 | D | |
| Common StockF3,F2 | Mar 5, 2019 | A | 32,864 | $0.00 | A | 88,880 | D | |
| Common StockF1,F2 | Mar 6, 2019 | F | 740 | $10.68 | D | 88,140 | 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.
- F2Balance reflects adjustment for retirement plan shares.
- F3Time based shares that will vest in equal installments on the third, fourth and fifth anniversary of the grant date, subject to the NEO's continued employment on the vesting date (subject to certain exceptions).