ASSURED GUARANTY LTD — Director's Dealing 2017

Jun 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASSURED GUARANTY LTD (AGO)
CIK: 0001273813
Period of Report: 2017-06-20

Reporting Person: Bailenson Robert (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-20	Common Shares	M	10000	$23.27	Acquired	218911.0819	Direct
2017-06-20	Common Shares	F	7857	$41.75	Disposed	211054.0819	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-20	Options to Acquire Common Shares	$23.27	M	10000	Disposed	2018-02-14	Common Shares (10000)	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. 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.

F2: Options vested as follows: 1/3 on 02/14/2009, 1/3 on 02/14/2010 and 1/3 on 02/14/2011.

F3: 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 49,094 (after taking into account 10,000 options exercised on 6/20/2017). The total number of performance share units from tranches with different performance measures, performance periods and vesting dates is 58,572.