MBIA INC — Director's Dealing 2016

Oct 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MBIA INC (MBI)
CIK: 0000814585
Period of Report: 2016-10-03

Reporting Person: Chin Francis Y (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-03	Common Stock	A	665	$7.79	Acquired	12728	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-10-03	Hypothetical Stock Units	$7.79	A	1997.754	Acquired		Common Stock (1997.754)	Direct

Footnotes

F1: Shares acquired in payment of director retainer and meeting fees.

F2: Contributions credited to units acquired under Directors Deferred Compensation Plan for Retainer and Meeting Fees.

F3: Exercisable and expiration dates of units is date of termination of Reporting Person's status as Director which triggers payment.