0000814585-16-000045.txt : 20161129
0000814585-16-000045.hdr.sgml : 20161129
20161129173046
ACCESSION NUMBER: 0000814585-16-000045
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161128
FILED AS OF DATE: 20161129
DATE AS OF CHANGE: 20161129
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MBIA INC
CENTRAL INDEX KEY: 0000814585
STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351]
IRS NUMBER: 061185706
STATE OF INCORPORATION: CT
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1 MANHATTANVILLE ROAD
STREET 2: SUITE 301
CITY: PURCHASE
STATE: NY
ZIP: 10577
BUSINESS PHONE: 914-273-4545
MAIL ADDRESS:
STREET 1: 1 MANHATTANVILLE ROAD
STREET 2: SUITE 301
CITY: PURCHASE
STATE: NY
ZIP: 10577
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BROWN JOSEPH W
CENTRAL INDEX KEY: 0001205159
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09583
FILM NUMBER: 162023599
MAIL ADDRESS:
STREET 1: C/O SAFECO
STREET 2: 4333 BROOKLYN AVENUE NE
CITY: SEATTLE
STATE: WA
ZIP: 98185
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2016-11-28
0
0000814585
MBIA INC
MBI
0001205159
BROWN JOSEPH W
C/O MBIA INC.
1 MANHATTANVILLE ROAD, SUITE 301
PURCHASE
NY
10577
1
1
0
0
Chief Executive Officer
Common Stock
2016-11-28
4
S
0
248433
10.1
D
3486397
D
Shares of MBIA Inc. (the "Company") stock sold in open market transactions pursuant to a trading plan adopted by Mr. Brown on March 9, 2016 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Mr. Brown advised the Company that the shares were sold for tax planning purposes for 2016 to offset capital gains realized by Mr. Brown in connection with the sale in 2016 of non-Company securities as well as to reimburse Mr. Brown for the taxes paid by Mr. Brown in cash, in lieu of by means of net settlement, in connection with vesting of 750,000 shares of restricted stock on December 31, 2015.
Balance reflects adjustment for retirement plan shares.
/S/ Ram D. Wertheim, Attorney-in-Fact
2016-11-29