Filing Details
- Accession Number:
- 0000814585-16-000045
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-11-29 17:30:46
- Reporting Period:
- 2016-11-28
- Filing Date:
- 2016-11-29
- Accepted Time:
- 2016-11-29 17:30:46
- 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 | 2016-11-28 | 248,433 | $10.10 | 3,486,397 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Footnotes
- Shares of MBIA Inc. (the "Company") stock sold in open market transactions pursuant to a trading plan adopted by Mr. Brown on March 9, 2016 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Mr. Brown advised the Company that the shares were sold for tax planning purposes for 2016 to offset capital gains realized by Mr. Brown in connection with the sale in 2016 of non-Company securities as well as to reimburse Mr. Brown for the taxes paid by Mr. Brown in cash, in lieu of by means of net settlement, in connection with vesting of 750,000 shares of restricted stock on December 31, 2015.
- Balance reflects adjustment for retirement plan shares.
Billionaire Hedge Funds
