SEC Form 4 · accession 0001209191-18-051124
ASSURED GUARANTY LTD · AGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Bailenson
Officer — Chief Financial Officer
Period of report
Sep 13, 2018
Accepted (ET)
Sep 14, 2018 · 5:29 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 | Sep 13, 2018 | M | 10,000 | $7.44 | A | 252,786 | D | |
| Common Shares | Sep 13, 2018 | M | 6,723 | $17.44 | A | 259,509 | D | |
| Common SharesF1 | Sep 13, 2018 | S | 16,723 | $40.42 | D | 242,786 | 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 SharesF3,F2 | $7.44 | Sep 13, 2018 | M | 10,000 | D | — | Feb 5, 2019 | Common Shares | 10,000 | 0 | D |
| Options to Acquire Common SharesF3 | $17.44 | Sep 13, 2018 | M | 6,723 | D | Feb 9, 2015 | Feb 9, 2019 | Common Shares | 6,723 | 0 | D |
Explanation of responses
- F1The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $40.38 and $40.461 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.
- F2Options vested as follows: 1/3 on 02/05/2010, 1/3 on 02/05/2011 and 1/3 on 02/05/2012.
- F3All 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 28,000 (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 60,478.