| Accession Number: | 0000814585-19-000015 |
| Date: | 2019-03-05 |
| Issuer: | MBIA INC (MBI) |
| Original Submission Date: |
MCKIERNAN ANTHONY
C/O MBIA INC.
1 MANHATTANVILLE ROAD
PURCHASE, NY 10577
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | 2019-03-05 | A | 23,474 | a | $0.00 | 1,057,588 | direct | ||
| COMMON STOCK | 2019-03-05 | A | 36,869 | a | $0.00 | 1,094,457 | direct |
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|
| ID | footnote |
|---|---|
| f1 | 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). |
| f2 | balance reflects adjustment for retirement plan shares. |
| f3 | 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. |
