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ASSURED GUARANTY LTD — Director's Dealing 2014
Mar 20, 2014
10432_dirs_2014-03-20_e05a670b-0dc6-4813-8fcc-1ee08f8f0e73.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ASSURED GUARANTY LTD (AGO)
CIK: 0001273813
Period of Report: 2014-03-19
Reporting Person: ROSS WILBUR L JR (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-03-19 | Common Stock | S | 3994305 | $25.43 | Disposed | 10848183 | Indirect |
| 2014-03-19 | Common Stock | S | 5695 | $25.43 | Disposed | 15466 | Direct |
Footnotes
F1: These shares were sold by the following funds: 3,323,787 by WLR Recovery Fund IV, L.P. ("Fund IV"), 271,612 by WLR Recovery Fund III, L.P. ("Fund III"), 11,421 by WLR IV Parallel ESC, L.P. ("Parallel Fund"), 160,915 by WLR/GS Master Co-Investment, L.P. ("WLR/GS Fund") and 226,570 by WLR AGO Co-Invest, L.P. ("Co-Invest Fund").
F2: Fund IV holds 9,027,115 shares directly. Fund III holds 736,676 shares directly. Parallel Fund holds 31,017 shares directly. WLR/GS Fund holds 437,030 shares directly. Co-Invest Fund holds 615,345 shares directly. Mr. Ross is the managing member of El Vedado, LLC, the general partner of WL Ross Group, L.P., the managing member of WLR Recovery Associates IV LLC (the general partner of Fund IV and Co-Invest Fund), WLR Recovery Associates III LLC (the general partner of Fund III) and WLR Master Co-Investment GP, LLC (the general partner of WLR/GS Fund). (Continued in footnote 3)
F3: Accordingly, Mr. Ross, El Vedado, LLC, and WL Ross Group, L.P. can be deemed to share voting and dispositive power over the shares held directly by Fund IV, Co-Invest Fund, Fund III and WLR/GS Fund. Invesco WLR IV Associates LLC and WLR Recovery Associates IV LLC have entered into a parallel investment agreement pursuant to which WLR Recovery Associates IV LLC has been appointed as representative and attorney of Parallel Fund to, among other things, exercise all rights, powers and privileges with respect to the Class A Common Stock owned by Parallel Fund that it deems fit. Accordingly, Mr. Ross, El Vedado, LLC, and WL Ross Group, L.P. can be deemed to share voting and dispositive power over the shares held directly by Parallel Fund.