Form 4 for OSG OCTAVE SPECIALTY GROUP INC
Accepted 2023-02-24 00:00:00 ET · period of report 2023-02-22 · accession 0000874501-23-000028 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-02-24 | 2023-02-22 | OSG | Smith R Sharon | EVP, Chief Strategy Offr | M - OptEx | $0.00 | +33.6K | 90.8K | +59% | $0 | |
| 2023-02-24 | 2023-02-22 | OSG | Smith R Sharon | EVP, Chief Strategy Offr | F - Tax | $16.22 | -17.2K | 73.6K | -19% | -$279.6K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-22 | M | A | 33,555 | $0.00 | 90,845 | D | — | — | (F1) The reporting person acquired 33,555 shares of common stock of Ambac Financial Group, Inc. (the "Company") upon the simultaneous vesting and settlement of the reporting person's 2020 Long Term Incentive Plan ("2020 LTIP") award, which had a three year performance period and vested on February 22, 2023. |
| 2 | Common | Common Stock | 2023-02-22 | F | D | 17,238 | $16.22 | 73,607 | D | — | — | (F2) As part of the vesting and settlement of the 2020 LTIP award, 17,238 shares of common stock were withheld by the Company to satisfy certain tax withholding obligations. |