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 | +3.05K | +3.52% | $0.00 | 89.8K | Jan 3, 2023 | Common Stock | 3.05K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of Ambac Financial Group, Inc. (the "Company"). |
F2 | RSU's granted on January 3, 2023 shall vest one year later on January 3, 2024. RSUs that have become vested shall settle and convert into shares of common stock upon the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of the Company. |