SEC Form 4 · accession 0001209191-18-052082
ASSURED GUARANTY LTD · AGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ling Chow
Officer — General Counsel and Secretary
Period of report
Sep 21, 2018
Accepted (ET)
Sep 24, 2018 · 6:38 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 | 4,000 | $7.44 | A | 75,737 | D | |
| Common SharesF1 | Sep 21, 2018 | F | 2,459 | $42.28 | D | 73,278 | D | |
| Common Shares | Sep 21, 2018 | M | 2,241 | $17.44 | A | 75,519 | D | |
| Common SharesF1 | Sep 21, 2018 | F | 1,626 | $42.28 | D | 73,893 | 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 21, 2018 | M | 4,000 | D | — | Feb 5, 2019 | Common Shares | 4,000 | 0 | D |
| Options to Acquire Common SharesF3 | $17.44 | Sep 21, 2018 | M | 2,241 | D | Feb 9, 2015 | Feb 9, 2019 | Common Shares | 2,241 | 0 | D |
Explanation of responses
- F1Represents the payment of the exercise price and withholding taxes of an employee stock option through the attestation of previously owned shares.
- 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 12,598 (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 9,296.