| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AMBC | Common Stock | Options Exercise | $0 | +201 | +0.13% | $0.000000 | 152,583 | 03 Mar 2024 | Direct | F1 |
| transaction | AMBC | Common Stock | Tax liability | $3,254 | -201 | -0.13% | $16.19 | 152,382 | 03 Mar 2024 | Direct | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AMBC | Restricted Stock Units | Options Exercise | $0 | -201 | -0.65% | $0.000000 | 30,672 | 03 Mar 2024 | Common Stock | 201 | Direct | F3, F4 | |
| transaction | AMBC | Restricted Stock Units | Options Exercise | $0 | -5,473 | -18% | $0.000000 | 25,199 | 03 Mar 2024 | Common Stock | 5,473 | Direct | F3, F5 | |
| transaction | AMBC | Deferred Share Units | Award | $0 | +5,473 | +7.9% | $0.000000 | 74,833 | 03 Mar 2024 | Common Stock | 5,473 | Direct | F5, F6 |
| Id | Content |
|---|---|
| F1 | The reporting person acquired 201 shares of common stock of Ambac Financial Group, Inc. (the "Company") upon the vesting and settlement of a portion of the reporting person's 2023 restrictive stock unit Long Term Incentive Plan ("2023 RSU LTIP") award. |
| F2 | As part of the vesting and settlement of a portion of the 2023 RSU LTIP award, 201 shares of common stock were withheld by the Company to satisfy certain tax withholding obligations. |
| F3 | Each restricted stock unit ("RSUs") represents a contingent right to receive one share of the common stock of the Company. |
| F4 | Represents the amount of RSUs that were converted into shares of common stock of the Company upon settlement of a portion of the reporting person's 2023 RSU LTIP award. |
| F5 | Represents the aggregate amount of RSUs that were converted into an equivalent number of deferred share units ("DSUs") pursuant to the Company's Executive Stock Deferral Plan, which was designed to enable participants to elect to defer the settlement and income taxation of RSU and Performance Stock Unit awards in accordance with Section 409A of the Internal Revenue Code of 1986, as amended. |
| F6 | Each DSU represents a contingent right to receive one share of common stock of the Company. |