0000814585-19-000012.txt : 20190307
0000814585-19-000012.hdr.sgml : 20190307
20190307182529
ACCESSION NUMBER: 0000814585-19-000012
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190305
FILED AS OF DATE: 20190307
DATE AS OF CHANGE: 20190307
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Young Christopher H.
CENTRAL INDEX KEY: 0001717555
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09583
FILM NUMBER: 19667057
MAIL ADDRESS:
STREET 1: C/O MBIA INC.
STREET 2: 1 MANHATTANVILLE ROAD
CITY: PURCHASE
STATE: NY
ZIP: 10577
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
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2019-03-05
0
0000814585
MBIA INC
MBI
0001717555
Young Christopher H.
C/O MBIA INC.
1 MANHATTANVILLE ROAD
PURCHASE
NY
10577
0
1
0
0
Assistant Vice President
Common Stock
2019-03-05
4
F
0
1184
10.65
D
429373
D
Common Stock
2019-03-05
4
A
0
15258
0
A
444631
D
Common Stock
2019-03-05
4
A
0
23965
0
A
468596
D
Common Stock
2019-03-06
4
F
0
740
10.68
D
467856
D
Represents shares surrendered to Issuer for payment of tax liability upon vesting of restricted stock.
Balance reflects adjustment for retirement plan shares.
Time based shares that will vest in equal installments on the third, fourth and fifth anniversary of the grant date, subject to the NEO's continued employment on the vesting date (subject to certain exceptions).
Restricted Stock granted pursuant to long-term incentive award under 16b-3 exemption. The shares issued are the target number of performance-based restricted stock that may be earned (in a range of 0% to 200% of the target number of shares issued) based on the achievement of a certain performance metric as of December 31, 2021. Any shares that are not earned on such date will be forfeited. The shares that are earned on such date will vest in one-third increments on each of the third, fourth and fifth anniversaries of the date of grant, subject to certain continued service conditions.
/s/ Jonathan C. Harris, Attorney-in-Fact
2019-03-07