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 | +72.3K | +99.47% | $0.00 | 145K | Mar 13, 2024 | Common Stock | 72.3K | 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 | On March 13, 2024 the reporting person received a grant of 72,313 RSUs as part of their 2024 Long Term Incentive Plan award. The RSUs will vest in three equal annual installments commencing March 13, 2025, March 3, 2026, and March 3, 2027. |