AI assistant
ASSURED GUARANTY LTD — Director's Dealing 2014
Nov 14, 2014
10432_dirs_2014-11-14_c57a3a26-abb0-4ff7-bdfa-7ebf96e44c6f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ASSURED GUARANTY LTD (AGO)
CIK: 0001273813
Period of Report: 2014-11-12
Reporting Person: MICHENER JAMES M (General Counsel and Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-11-12 | Common Shares | M | 50000 | $18.03 | Acquired | 302237.5647 | Direct |
| 2014-11-12 | Common Shares | F | 42690 | $24.72 | Disposed | 259547.5647 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-11-12 | Options to Acquire Common Shares | $18.03 | M | 50000 | Disposed | 2015-02-10 | Common Shares (50000) | Direct |
Footnotes
F1: Represents the payment of the exercise price and withholding taxes of an employee stock option through the attestation of previously owned shares.
F2: The price is equal to the fair market value of the Common Shares on the date of exercise and is used to determine the value of the shares delivered to the Company by attestation of previously owned shares in payment of the exercise price and withholding taxes.
F3: Options vested as follows: 1/3 on 02/10/2006, 1/3 on 02/10/2007 and 1/3 on 02/10/2008.
F4: All 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 216,962.