SEC Form 4 · accession 0001209191-18-049388

ASSURED GUARANTY LTD · AGO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Dominic Frederico

Officer — President/CEO/Deputy Chairman · Director

Period of report

Aug 30, 2018

Accepted (ET)

Sep 4, 2018 · 7:52 pm EDT

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	Jun 26, 2018	G	5,560	$0.00	D	1,180,680	D
Common Shares	Jun 26, 2018	G	5,560	$0.00	D	1,175,120	D
Common Shares	Jun 26, 2018	G	700	$0.00	D	1,174,420	D
Common Shares	Jun 26, 2018	G	560	$0.00	D	1,173,860	D
Common Shares	Jun 27, 2018	G	280	$0.00	D	1,173,580	D
Common Shares	Jun 27, 2018	G	2,100	$0.00	D	1,171,480	D
Common Shares^F1	Aug 30, 2018	M	57,829	$7.44	A	1,229,957	D
Common Shares^F2	Aug 30, 2018	S	57,829	$41.08	D	1,172,128	D
Common Shares	Aug 31, 2018	M	42,171	$7.44	A	1,214,299	D
Common Shares^F3	Aug 31, 2018	M	76,123	$17.44	A	1,290,422	D
Common Shares^F4	Aug 31, 2018	S	118,294	$40.73	D	1,172,128	D
Common Shares^F3	Sep 4, 2018	M	35,932	$17.44	A	1,208,060	D
Common Shares^F5	Sep 4, 2018	S	35,932	$40.70	D	1,172,128	D
Common Shares	holding	—	—		—	9,400	I	By Wife
Common Shares	holding	—	—		—	200	I	By Daughter
Common Shares	holding	—	—		—	345,000	I	By Family Limited Partnersip

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 Shares^F7,F6	$7.44	Aug 30, 2018	M	57,829	D	—	Feb 5, 2019	Common Shares	57,829	42,171	D
Options to Acquire Common Shares^F7,F6	$7.44	Aug 31, 2018	M	42,171	D	—	Feb 5, 2019	Common Shares	42,171	0	D
Options to Acquire Common Shares^F3,F7	$17.44	Aug 31, 2018	M	76,123	D	Feb 9, 2015	Feb 9, 2019	Common Shares	76,123	35,932	D
Options to Acquire Common Shares^F3,F7	$17.44	Sep 4, 2018	M	35,932	D	Feb 9, 2015	Feb 9, 2019	Common Shares	35,932	0	D

Explanation of responses

F1Total includes 648 shares purchased on 06/30/2018 pursuant to the Assured Guaranty Ltd. Employee Stock Purchase Plan which meets the requirements of Rule 16b-3.
F2The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $40.84 and $41.33 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
F3Reflects the amount of options that vested in accordance with the performance measures described in the Form 4 reporting the grant.
F4The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $40.00 and $41.00 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
F5The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $40.50 and $41.07 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
F6Options vested as follows: 1/3 on 02/05/2010, 1/3 on 02/05/2011 and 1/3 on 02/05/2012.
F7All 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 100,000 (after taking into account the options exercised as reported on this Form 4). The total number of performance share units from tranches with different performance measures, performance periods and vesting dates is 254,472.