MBIA INC — Director's Dealing 2017

Dec 13, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MBIA INC (mbi)
CIK: 0000814585
Period of Report: 2017-12-11

Reporting Person: Chin Francis Y (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-11	Common Stock	A	15	$8.13	Acquired	26251	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-11	Hypothetical Stock Units	$8.13	A	46.13	Acquired		Common Stock (46.13)	Direct

Footnotes

F1: Reconciliation of additional shares acquired in payment of director retainer and meeting fees.

F2: Reconciliation of additional contribution credited to units acquired under Director Deferred Compensation Plan for retainer and meeting fees.

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