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ASSURED GUARANTY LTD Director's Dealing 2011

Feb 14, 2011

10432_dirs_2011-02-14_b93b11af-5e59-4e52-b604-2d9d209b744f.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ASSURED GUARANTY LTD (AGO)
CIK: 0001273813
Period of Report: 2010-12-31

Reporting Person: FREDERICO DOMINIC (Director, Deputy Chairman/President/CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-06-22 Common Shares G 208859 Disposed 720074.1865 Direct
2010-06-22 Common Shares G 208859 Acquired 208859 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-07-09 Employee Stock Option $25.5 G 166667 Disposed 2016-02-02 Common Shares (166667) Direct
2010-07-09 Employee Stock Option $25.5 G 166667 Acquired 2016-02-02 Common Shares (166667) Indirect
2010-07-09 Employee Stock Options $26.7 G 166667 Disposed 2017-02-08 Common Shares (166667) Direct
2010-07-09 Employee Stock Option $26.7 G 166667 Acquired 2017-02-08 Common Shares (166667) Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares 9400 Indirect
Common Shares 200 Indirect
Common Shares 135686 Indirect

Footnotes

F1: The reporting person transferred these securities to a family limited partnership (the "LP"). A limited liability company (the "LLC") that is equally owned by the reporting person, the reporting person's wife, the reporting person's daughter and the reporting person's son is the sole general partner of the LP. The reporting person is the sole manager of the LLC, having the sole power to cause the LLC to take action as the general partner of the LP. Following the transfer, the LLC, as general partner of the LP, had a 1% interest in the assets of the LP and the reporting person, as the sole limited partner of the LP had a 99% interest in the assets of the LP.

F2: The stock options vested as follows: 1/3rd on February 2, 2007, 1/3rd on February 2, 2008 and 1/3rd on February 2, 2009.

F3: The stock options vested as follows: 1/3rd on February 8, 2008, 1/3rd on February 8, 2009 and 1/3rd on February 8, 2010.