X0202
4
2008-06-03
0000874501
AMBAC FINANCIAL GROUP INC
ABK
0001194126
CALLEN MICHAEL A
AMBAC FINANCIAL GROUP, INC.
ONE STATE STREET PLAZA
NEW YORK
NY
10004
1
1
0
0
Chairman, President and CEO
Common Stock
2008-06-03
4
A
0
33334
3.00
A
82394
D
Common Stock
2008-06-05
4
P
0
10000
2.60
A
92394
D
Restricted Stock Units ("RSUs") were granted under the 1997 Employees Equity Plan, as amended. The number of RSUs was determined based on the closing price of the Issuer's common stock on June 3, 2008.
Stacey Spain, Attorney in Fact for Michael A. Callen
2008-06-05