Daniel M. Avitabile - Dec 29, 2023 Form 4 Insider Report for MBIA INC (MBI)

Signature
/s/ William J. Rizzo, Attorney-in-fact
Stock symbol
MBI
Transactions as of
Dec 29, 2023
Transactions value $
$39,945
Form type
4
Date filed
1/3/2024, 04:19 PM
Previous filing
Dec 28, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBI Common Stock Award $39.9K +6.53K +1.05% $6.12 626K Dec 29, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Additional shares added to the original performance shares granted on 3/4/21. The new total number of shares will vest 1/3 on the 3rd anniversary of the original grant (3/4/24), 1/3 on the 4th anniversary of the original grant (3/4/25) and the final 1/3 on the 5th anniversary of the original grant (3/4/26).