MBIA INC — Director's Dealing 2016

May 16, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MBIA INC (MBI)
CIK: 0000814585
Period of Report: 2016-05-12

Reporting Person: Shasta Theodore (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-12	Common Stock	A	13967	$7.16	Acquired	89696	Direct

Footnotes

F1: Restricted stock granted on May 12, 2016 at a price of $7.16 per share with 1 year vesting on May 12, 2017.