Filing Details
- Accession Number:
- 0000814585-15-000021
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-12-31 15:56:30
- Reporting Period:
- 2015-12-31
- Filing Date:
- 2015-12-31
- Accepted Time:
- 2015-12-31 15:56:30
- SEC Url:
- Form 4 Filing
Issuer
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1205159 | W Joseph Brown | C/O Mbia Inc. 1 Manhattanville Road, Suite 301 Purchase NY 10577 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2015-12-31 | 30,000 | $6.49 | 3,733,637 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Footnotes
- Shares of Common Stock of MBIA Inc. (the "Company") sold in open market transactions. Mr. Brown advised the Company that the shares were sold for tax planning and liquidity in connection with 750,000 shares of restricted stock that vested on December 31, 2015.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.48 - $6.51, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- Balance reflects adjustment for retirement plan shares.
Billionaire Hedge Funds
