MBIA INC — Director's Dealing 2018

Jan 4, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MBIA INC (MBI)
CIK: 0000814585
Period of Report: 2018-01-02

Reporting Person: Chin Francis Y (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-02	Common Stock	A	460	$7.54	Acquired	25073	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-02	Hypothetical Stock Units	$7.54	A	1380.14	Acquired		Common Stock (1380.14)	Direct

Footnotes

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

F2: Contribution 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.