-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, R+4/sYajFuofN9AqBnX/CRYP+7AaPWbRpHg/b1lkun1XhHjMYeHTFK2BaSGXm3ci NVmgvmA+UcjvAG3PCrvXWw== 0000814585-07-000030.txt : 20070301 0000814585-07-000030.hdr.sgml : 20070301 20070301162713 ACCESSION NUMBER: 0000814585-07-000030 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060920 FILED AS OF DATE: 20070301 DATE AS OF CHANGE: 20070301 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MBIA INC CENTRAL INDEX KEY: 0000814585 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 061185706 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 113 KING ST CITY: ARMONK STATE: NY ZIP: 10504 BUSINESS PHONE: 914-273-4545 MAIL ADDRESS: STREET 1: 113 KING ST CITY: ARMONK STATE: NY ZIP: 10504 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CHAPLIN C EDWARD CENTRAL INDEX KEY: 0001237570 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-09583 FILM NUMBER: 07663764 BUSINESS ADDRESS: STREET 1: C/O MBIA INC STREET 2: 113 KING STREET CITY: ARMONK STATE: NY ZIP: 10504 BUSINESS PHONE: 9147653929 MAIL ADDRESS: STREET 1: C/O MBIA STREET 2: 113 KING STREET CITY: ARMONK STATE: NY ZIP: 10504 4/A 1 primary_doc.xml PRIMARY DOCUMENT X0202 4/A 2006-09-20 2007-01-03 0 0000814585 MBIA INC MBI 0001237570 CHAPLIN C EDWARD C/O MBIA 113 KING STREET ARMONK NY 10504 0 1 0 0 Vice President & CFO Common Stock 2006-09-20 4 A 0 5000 61.69 A 43319 D Common Stock 2006-09-20 4 A 0 7500 61.69 A 50819 D This amendment is being filed to correct the dates of previously reported restricted stock grants. Restricted stock granted pursuant to a long-term incentive award under 16b-3 exemption. The restricted stock has a three year cliff vesting period. The number of shares of restricted stock that will ultimately vest will be tied to the growth in the Modified Book Value (MBV) of the Company during the period 1/1/05 to 12/31/07. If the MBV target growth rate of 30% appreciation from 1/1/05 to 12/31/07 is achieved, then all of the restricted stock will vest. If the MBV appreciation is 0 from 1/1/05 to 12/31/07, then no restricted stock will vest at the end of the vesting period, with intermediate levels of vesting to be determined by linear interpolation (e.g. MBV appreciation of 15% will result in 50% of the restricted stock vesting). Restricted stock granted pursuant to a long-term incentive award under 16b-3 exemption. The restricted stock has a three year cliff vesting period. The number of shares of restricted stock that will ultimately vest will be tied to the growth in the Modified Book Value (MBV) of the Company during the period 1/1/06 to 12/31/08. If the MBV target growth rate of 30% appreciation from 1/1/06 to 12/31/08 is achieved, then all of the restricted stock will vest. If the MBV appreciation is 0 from 1/1/06 to 12/31/08, then no restricted stock will vest at the end of the vesting period, with intermediate levels of vesting to be determined by linear interpolation (e.g. MBV appreciation of 15% will result in 50% of the restricted stock vesting). /s/Leonard I. Chubinsky, Attorney-in-Fact 2007-03-01 -----END PRIVACY-ENHANCED MESSAGE-----