0000874501-22-000055.txt : 20220302 0000874501-22-000055.hdr.sgml : 20220302 20220302164558 ACCESSION NUMBER: 0000874501-22-000055 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220228 FILED AS OF DATE: 20220302 DATE AS OF CHANGE: 20220302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: McGinnis Daniel CENTRAL INDEX KEY: 0001900989 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10777 FILM NUMBER: 22704425 MAIL ADDRESS: STREET 1: C/O AMBAC FINANCIAL GROUP, INC. STREET 2: ONE WORLD TRADE CENTER, 41ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10007 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 WORLD TRADE CENTER CITY: NEW YORK STATE: NY ZIP: 10007 BUSINESS PHONE: 2126587470 MAIL ADDRESS: STREET 1: ONE WORLD TRADE CENTER CITY: NEW YORK STATE: NY ZIP: 10007 FORMER COMPANY: FORMER CONFORMED NAME: AMBAC INC /DE/ DATE OF NAME CHANGE: 19930328 4 1 wf-form4_164625754051058.xml FORM 4 X0306 4 2022-02-28 0 0000874501 AMBAC FINANCIAL GROUP INC AMBC 0001900989 McGinnis Daniel AMBAC FINANCIAL GROUP, INC. ONE WORLD TRADE CENTER, 41ST FLOOR NEW YORK, NY 10007 0 1 0 0 Sr. MD & COO Restricted Stock Units 2022-02-28 4 A 0 8586 0 A Common Stock 8586.0 8586 D Restricted Stock Units 2022-02-28 4 A 0 13469 0 A Common Stock 13469.0 22055 D Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Ambac Financial Group, Inc. On February 28, 2022 the reporting person received a grant of 8,586 RSUs as part of their 2022 Long Term Incentive Plan award. The RSUs will vest in three equal installments on February 28, 2023, February 28, 2024, and February 28, 2025. On February 28, 2022 the reporting person received a grant of 13,469 RSUs pursuant to a sign-on bonus. These RSUs will vest in two equal installments on February 28, 2023 and February 28, 2024. William J. White, attorney-in-fact 2022-03-02