0000814585-15-000021.txt : 20151231 0000814585-15-000021.hdr.sgml : 20151231 20151231155630 ACCESSION NUMBER: 0000814585-15-000021 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151231 FILED AS OF DATE: 20151231 DATE AS OF CHANGE: 20151231 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: 1 MANHATTANVILLE ROAD STREET 2: SUITE 301 CITY: PURCHASE STATE: NY ZIP: 10577 BUSINESS PHONE: 914-273-4545 MAIL ADDRESS: STREET 1: 1 MANHATTANVILLE ROAD STREET 2: SUITE 301 CITY: PURCHASE STATE: NY ZIP: 10577 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BROWN JOSEPH W CENTRAL INDEX KEY: 0001205159 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09583 FILM NUMBER: 151315924 MAIL ADDRESS: STREET 1: C/O SAFECO STREET 2: 4333 BROOKLYN AVENUE NE CITY: SEATTLE STATE: WA ZIP: 98185 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2015-12-31 0 0000814585 MBIA INC MBI 0001205159 BROWN JOSEPH W C/O MBIA INC. 1 MANHATTANVILLE ROAD, SUITE 301 PURCHASE NY 10577 1 1 0 0 Chief Executive Officer Common Stock 2015-12-31 4 S 0 30000 6.4935 D 3733637 D 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. /s/Shella Lieberman, Attorney-in-Fact 2015-12-31