SEC Form 4 · accession 0000874501-17-000062
OCTAVE SPECIALTY GROUP INC · OSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Trick
Officer — Exec VP, CFO & Treasurer
Period of report
May 12, 2017
Accepted (ET)
May 16, 2017 · 4:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874501
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 12, 2017 | A | 4,964 | $0.00 | A | 21,461 | D | |
| Common StockF2 | May 12, 2017 | F | 2,331 | $17.18 | D | 19,130 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person acquired 4,964 shares of common stock of Ambac Financial Group, Inc. (the "Company") upon the simultaneous vesting and settlement of the reporting person's 2014 Long Term Incentive Plan award, which had a three year performance period and vested on May 12, 2017.
- F2As part of this vesting and settlement, 2,331 shares of common stock were withheld by the Company to satisfy certain tax withholding obligations.