SEC Form 4 · accession 0001209191-16-148942
ASSURED GUARANTY LTD · AGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard Albert
Officer — Chief Risk Officer
Period of report
Nov 7, 2016
Accepted (ET)
Nov 8, 2016 · 7:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001273813
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Nov 7, 2016 | M | 16,000 | $26.70 | A | 161,739 | D | |
| Comnmon SharesF1,F2 | Nov 7, 2016 | S | 16,000 | $32.00 | D | 146,231 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to acquire Common SharesF4,F3 | $26.70 | Nov 7, 2016 | M | 16,000 | D | — | Feb 8, 2017 | Common Shares | 16,000 | 0 | D |
Explanation of responses
- F1The sale price reported above has been rounded to the nearest cent.
- F2Total includes 492 shares purchased on 06/30/2016 pursuant to the Assured Guaranty Ltd. Employee Stock Purchase Plan which meets the requirements of Rule 16b-3.
- F3Options vested as follows: 1/3 on 02/08/2008, 1/3 on 02/08/2009 and 1/3 on 02/08/2010.
- F4All options of this tranche have been exercised. The total number of options from other tranches with different exercise prices, vesting terms and expiration dates is 42,297 (after taking into account 16,000 options exercised on 11/7/2016). The total number of performance share units from tranches with different performance measures, performance periods and vesting dates is 32,745 .