SEC Form 4 · accession 0000874501-18-000030
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
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 5:11 pm EST
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 | Feb 26, 2018 | A | 14,234 | $0.00 | A | 35,620 | D | |
| Common StockF2 | Feb 26, 2018 | F | 6,675 | $15.72 | D | 28,945 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person acquired 14,234 shares of common stock of Ambac Financial Group, Inc. (the "Company") upon the simultaneous vesting and settlement of the reporting person's 2015 Long Term Incentive Plan award, which had a three year performance period and vested on February 26, 2018.
- F2As part of this vesting and settlement, 6,675 shares of common stock were withheld by the Company to satisfy certain tax withholding obligations.