Robert Bryan Eisman - 03 Mar 2023 Form 4 Insider Report for AMBAC FINANCIAL GROUP INC (AMBC)

Role
Sr. MD & CAO
Signature
William White, attorney-in-fact
Issuer symbol
AMBC
Transactions as of
03 Mar 2023
Net transactions value
$0
Form type
4
Filing time
06 Mar 2023, 15:07:21 UTC
Previous filing
02 Mar 2023
Next filing
09 Mar 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMBC Restricted Stock Units Award $0 +5,521 +61% $0.000000 14,502 03 Mar 2023 Common Stock 5,521 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Ambac Financial Group, Inc.
F2 On March 3, 2022 the reporting person received a grant of 5,521 RSUs as part of their 2023 Long Term Incentive Plan award. The RSUs will vest in three equal installments on March 3, 2024, March 3, 2025, and March 3, 2026.