SEC Form 4 · accession 0001209191-18-052080
ASSURED GUARANTY LTD · AGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell B. Brewer II
Officer — Chief Surveillance Officer
Period of report
Sep 21, 2018
Accepted (ET)
Sep 24, 2018 · 6:36 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 21, 2018 | M | 10,000 | $19.79 | A | 188,952 | D | |
| Common Shares | Sep 21, 2018 | M | 8,964 | $17.44 | A | 197,916 | D | |
| Common Shares | Sep 21, 2018 | M | 10,398 | $19.24 | A | 208,314 | D | |
| Common SharesF1 | Sep 21, 2018 | S | 29,362 | $42.36 | D | 178,952 | 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 | $19.79 | Sep 21, 2018 | M | 10,000 | D | — | Feb 24, 2020 | Common Shares | 10,000 | 0 | D |
| Options to Acquire Common SharesF3 | $17.44 | Sep 21, 2018 | M | 8,964 | D | Feb 9, 2015 | Feb 9, 2019 | Common Shares | 8,964 | 0 | D |
| Options to Acquire Common SharesF3 | $19.24 | Sep 21, 2018 | M | 10,398 | D | Feb 7, 2016 | Feb 7, 2020 | Common Shares | 10,398 | 0 | D |
Explanation of responses
- F1The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $42.32 and $42.41 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 02/24/2011, 1/3 on 02/24/2012 and 1/3 on 02/24/2013.
- F3All options of this tranche have been exercised. The total number of performance share units from tranches with different performance measures, performance periods and vesting dates is 52,238.