−Removed: Other Information
−Removed: Human Capital Management
−Removed: As of September 30, 2020, Ambac had 93 employees in the United States and 10 employees in the United Kingdom.
−Removed: Our year-to-date voluntary turnover rate has been approximately 5.2%.
−Removed: Ambac considers its employee relations to be satisfactory.
−Removed: Ambac’s focus has been on identifying and retaining key talent through individual development programs following skills assessments.
−Removed: Ambac’s succession planning has identified internal candidates that could fill senior management and mid-level management positions as the need arises.
−Removed: The Company has established a senior advisory team to work with, and advise, senior management on key initiatives, and invested in both personal and professional growth programs to identify and prepare executives for promotion within the Company.
−Removed: The Company continues to rely on compensation components (such as salary, long-term incentive plan awards, deferred cash awards and short-term incentive plan awards) to support employee retention.
−Removed: The Company incorporates performance metrics as part of the annual short-term incentive bonus offering with increased bonus potential for exceptional results.
−Removed: We utilize third-party benchmark data to establish market-based compensation levels.
−Removed: We believe that our current compensation and incentive levels reflect high performance expectations as part of our merit pay philosophy.
−Removed: The targeted use of long-term incentive plan awards for key talent is an important element of Ambac’s long-term retention strategy.
+Added: Other Information — No matters require disclosure.
+Added: | Ambac Financial Group, Inc.
+Added: 68 2021 First Quarter FORM 10-Q |
Number Description
Other exhibits, filed or furnished, as indicated:
−Removed: 10.1+ Revised form of 2020 Restricted Stock Unit Award Agreement between Ambac Financial Group, Inc.
+Added: 10.1+ Form of 2021 Restricted Stock Unit Award Agreement between Ambac Financial Group, Inc.
LeBlanc, Trick and Ksenak.
−Removed: 10.2+ Revised form of 2020 Performance Stock Unit Award Agreement between Ambac Financial Group, Inc.
+Added: 10.2+ F orm of 202 1 Restricted Stock Unit Award Agreement between Ambac Financial Group, Inc.
+Added: Barranco, Eisman, Reilly and Ms.
+Added: 10.3+ Form of 2021 Performance Stock Unit Award Agreement between Ambac Financial Group, Inc.
LeBlanc, Trick and Ksenak.
+Added: 10.4+ Form of 2021 Performance Stock Unit Award Agreement between Ambac Financial Group, Inc.
+Added: Barranco, Eisman, Reilly and Ms.
31.1+ Certification of Chief Executive Officer Pursuant to Rules 13a-14(a) and 15d-14(a) Promulgated under the Securities Exchange Act of 1934, as amended.
11 unchanged sentences
++ Furnished herewith.
−Removed: | Ambac Financial Group, Inc.
−Removed: 79 2020 Third Quarter FORM 10-Q |
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
AMBAC FINANCIAL GROUP, INC.
−Removed: November 9, 2020 By:
+Added: May 10, 2021 By:
/S/ DAVID TRICK
3 unchanged sentences
| Ambac Financial Group, Inc.
−Removed: 80 2020 Third Quarter FORM 10-Q |
+Added: 69 2021 First Quarter FORM 10-Q |
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.