Form 4 for OSG OCTAVE SPECIALTY GROUP INC
Accepted 2024-03-01 00:00:00 ET · period of report 2024-02-28 · accession 0000874501-24-000048 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-01 | 2024-02-28 | OSG | McGinnis Daniel | COO, Sr. MD | F - Tax | $16.94 | -2,928 | 8,318 | -26% | -$49.6K |
| DM | 2024-03-01 | 2024-02-28 | OSG | McGinnis Daniel | COO, Sr. MD | M - OptEx | $0.00 | +7,072 | 10.9K | +184% | $0 |
| DM | 2024-03-01 | 2024-02-28 | OSG | McGinnis Daniel | COO, Sr. MD | M - OptEx | $0.00 | -9,596 | 19.9K | -32% | $0 |
| D | 2024-03-01 | 2024-02-28 | OSG | McGinnis Daniel | COO, Sr. MD | A - Grant | $0.00 | +2,524 | 5,056 | +100% | $0 |
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 | 2024-02-28 | F | D | 338 | $16.94 | 4,174 | D | — | — | (F2) Represents the aggregate amount of restricted stock units ("RSUs") that were converted into shares of common stock and withheld by the Company to satisfy certain tax withholding obligations. |
| 2 | Common | Common Stock | 2024-02-28 | M | A | 338 | $0.00 | 4,512 | D | — | — | (F1) Represents the aggregate amount of restricted stock units ("RSUs") that were converted into shares of common stock of Ambac Financial Group, Inc. (the "Company") upon settlement of a portion of the reporting person's 2022 Long Term Incentive Plan award. |
| 3 | Common | Common Stock | 2024-02-28 | M | A | 6,734 | $0.00 | 10,908 | D | — | — | (F3) Represents the aggregate amount of RSUs that were converted into shares of common stock of Company upon settlement of a portion of the reporting person's sign-on RSU award. |
| 4 | Common | Common Stock | 2024-02-28 | F | D | 2,590 | $16.94 | 8,318 | D | — | — | (F2) Represents the aggregate amount of restricted stock units ("RSUs") that were converted into shares of common stock and withheld by the Company to satisfy certain tax withholding obligations. |
| 5 | Derivative | Restricted Stock Units | 2024-02-28 | M | D | 6,734 | $0.00 | 10,684 | D | — · — to — | 6,734 Common Stock | (F4) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Ambac Financial Group, Inc. (F3) Represents the aggregate amount of RSUs that were converted into shares of common stock of Company upon settlement of a portion of the reporting person's sign-on RSU award. |
| 6 | Derivative | Deferred Share Units | 2024-02-28 | A | A | 2,524 | $0.00 | 5,056 | D | — · — to — | 2,524 Common Stock | (F6) Each DSU represents a contingent right to receive one share of common stock of the Company. (F5) Represents the aggregate amount of RSUs that were converted into DSUs of the Company upon settlement of a portion of the reporting person's 2022 Long Term Incentive Plan award. |
| 7 | Derivative | Restricted Stock Units | 2024-02-28 | M | D | 2,524 | $0.00 | 17,418 | D | — · — to — | 2,524 Common Stock | (F4) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Ambac Financial Group, Inc. (F5) Represents the aggregate amount of RSUs that were converted into DSUs of the Company upon settlement of a portion of the reporting person's 2022 Long Term Incentive Plan award. |
| 8 | Derivative | Restricted Stock Units | 2024-02-28 | M | D | 338 | $0.00 | 19,942 | D | — · — to — | 338 Common Stock | (F4) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Ambac Financial Group, Inc. (F1) Represents the aggregate amount of restricted stock units ("RSUs") that were converted into shares of common stock of Ambac Financial Group, Inc. (the "Company") upon settlement of a portion of the reporting person's 2022 Long Term Incentive Plan award. |