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MBIA INC Director's Dealing 2011

Jul 19, 2011

33087_dirs_2011-07-19_4d62c9a6-0ae8-4bc7-a87a-2ae9c212d55f.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: MBIA INC (MBI)
CIK: 0000814585
Period of Report: 2011-07-13

Reporting Person: McKiernan Anthony (MD and CRO, MBIA Ins. Corp.)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 64458 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Options (right to buy) $52.81 2012-02-07 Common Stock (1500) Direct
Employee Stock Options (right to buy) $36.72 2012-10-07 Common Stock (5000) Direct
Employee Stock Options (right to buy) $36.69 2013-02-12 Common Stock (1250) Direct
Employee Stock Options (right to buy) $64.84 2014-02-10 Common Stock (1500) Direct
Employee Stock Options (right to buy) $4.02 2016-02-12 Common Stock (50000) Direct
Employee Stock Options (right to buy) $5.05 2017-03-04 Common Stock (150000) Direct

Footnotes

F1: Shares acquired prior to status as Reporting Person including a) 3,426 shares held in the Reporting Person's account; b) 8,000 shares of restricted stock granted at $15.00 per share and vesting entirely in March 2013, 12,100 shares of restricted stock granted at $4.02 per share and vesting entirely in February 2014, and 33,500 shares of restricted stock granted at $10.48 per share and vesting entirely in March 2016; c) 2,432 shares held in employee 401(k) plan; and d) 5,000 shares held in non-qualified defined contribution retirement plan.

F2: Options granted prior to status as Reporting Person.