0000874501-16-000101.txt : 20160105 0000874501-16-000101.hdr.sgml : 20160105 20160105161014 ACCESSION NUMBER: 0000874501-16-000101 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160101 FILED AS OF DATE: 20160105 DATE AS OF CHANGE: 20160105 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AMBAC FINANCIAL GROUP INC CENTRAL INDEX KEY: 0000874501 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 133621676 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE STATE ST PLZ CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 2126680340 MAIL ADDRESS: STREET 1: ONE STATE ST PLZ CITY: NEW YORK STATE: NY ZIP: 10004 FORMER COMPANY: FORMER CONFORMED NAME: AMBAC INC /DE/ DATE OF NAME CHANGE: 19930328 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NADER TAVAKOLI CENTRAL INDEX KEY: 0001266000 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10777 FILM NUMBER: 161322198 MAIL ADDRESS: STREET 1: 551 FIFTH AVE 334TH FL CITY: NEW YORK STATE: NY ZIP: 10176 4 1 wf-form4_145202820381961.xml FORM 4 X0306 4 2016-01-01 0 0000874501 AMBAC FINANCIAL GROUP INC AMBC 0001266000 NADER TAVAKOLI AMBAC FINANCIAL GROUP, INC. ONE STATE STREET PLAZA NEW YORK NY 10004 1 1 0 0 Chief Executive Officer Common Stock, par value $0.01 per share 2016-01-01 4 M 0 11666 A 74091 D Common Stock, par value $0.01 per share 2016-01-01 4 F 0 690 14.09 D 73401 D Restricted Stock Units 2016-01-01 4 M 0 11666 D Common Stock 11666.0 49797 D Restricted Stock Units 2016-01-04 4 A 0 310458 A Common Stock 310458.0 360255 D On January 1, 2016, there were 11,666 restricted stock units ("RSUs") that vested, settled, and were converted into shares of common stock of Ambac Financial Group, Inc. (the "Company"). Each RSU represents a contingent right to receive one share of the common stock of the Company. On January 4, 2016 there were 310,458 RSUs granted to the reporting person, which shall vest in three equal annual installments on each of December 31, 2016, December 31, 2017, and December 31, 2018, and shall settle and convert into shares of common stock immediately upon vesting. William White, attorney-in-fact 2016-01-05