AMBAC FINANCIAL GROUP INC — Director's Dealing 2021

Mar 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMBAC FINANCIAL GROUP INC (AMBC)
CIK: 0000874501
Period of Report: 2021-03-08

Reporting Person: Ksenak Stephen Michael (Sr. MD & General Counsel)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-08	Restricted Stock Units	$	A	18530	Acquired		Common Stock (18530.0)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Ambac Financial Group, Inc.

F2: On March 8, 2021 the reporting person received a grant of 18,530 RSUs as part of their 2021 Long Term Incentive Plan award. The RSUs will vest in three equal installments commencing March 8, 2022, March 8, 2023, and March 8, 2024.