Jeffrey Scott Stein - Jan 1, 2025 Form 4 Insider Report for AMBAC FINANCIAL GROUP INC (AMBC)

Role
Director
Signature
William J. White, attorney in fact
Stock symbol
AMBC
Transactions as of
Jan 1, 2025
Transactions value $
$0
Form type
4
Date filed
1/3/2025, 04:08 PM
Previous filing
Oct 1, 2024

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 +3.94K +2.61% $0.00 155K Jan 1, 2025 Common Stock 3.94K 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 the common stock of Ambac Financial Group, Inc. (the "Company").
F2 RSUs granted on January 1, 2025 shall vest one year later on January 1, 2026. 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 or upon a "change of control" of the Company.