0000814585-23-000008.txt : 20230307
0000814585-23-000008.hdr.sgml : 20230307
20230307171142
ACCESSION NUMBER: 0000814585-23-000008
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230303
FILED AS OF DATE: 20230307
DATE AS OF CHANGE: 20230307
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McKiernan Anthony
CENTRAL INDEX KEY: 0001525942
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09583
FILM NUMBER: 23713629
MAIL ADDRESS:
STREET 1: C/O MBIA INC.
STREET 2: 113 KING STREET
CITY: ARMONK
STATE: NY
ZIP: 10504
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
2023-03-03
0
0000814585
MBIA INC
MBI
0001525942
McKiernan Anthony
C/O MBIA INC.
1 MANHATTANVILLE ROAD
PURCHASE
NY
10577
0
1
0
0
EVP & Chief Financial Officer
Common Stock
2023-03-03
4
A
0
20064
12.46
A
1260409
D
Common Stock
2023-03-03
4
A
0
31982
12.46
A
1292391
D
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).
Balance reflects adjustment for retirement plan shares
The vesting of the March 2023 performance-based share awards will be contingent on Total Shareholder Return over a three year performance period beginning December 31, 2022 and ending on December 31, 2025. The beginning stock price is the closing share price as of 12/31/22 and ending stock price will be the average stock price over the 60 trading days preceding and including the last day of the performance period. Earned shares will vest in equal installments on the third, fourth and fifth anniversary of the grant date, subject to the NEO's continued employment subject to certain exceptions. Performance-based shares not earned will be forfeited.
/s/ Jonathan C. Harris
2023-03-07