SEC Form 4 · accession 0000899243-17-009517
MBIA INC · MBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis Y Chin
Director
Period of report
Apr 3, 2017
Accepted (ET)
Apr 5, 2017 · 5:47 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 | Apr 3, 2017 | A | 406 | $8.22 | A | 13,307 | 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 | $8.22 | Apr 3, 2017 | A | 1,220 | A | — | — | Common Stock | 1,220 | 3,927 | D |
Explanation of responses
- F1Shares acquired in payment of director retainer and meeting fees.
- F2Contributions 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 payment.