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ASSURED GUARANTY LTD — Director's Dealing 2017
Feb 7, 2017
10432_dirs_2017-02-07_00d77d85-9fce-409c-94dd-dff83631e365.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: 2017-02-05
Reporting Person: MICHENER JAMES M (General Counsel and Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-02 | Common Shares | G | 650 | $0.00 | Disposed | 293000.0005 | Direct |
| 2017-02-05 | Common Shares | F | 7331 | $40.01 | Disposed | 285669.0005 | Direct |
| 2017-02-05 | Common Shares | M | 28042 | $0.00 | Acquired | 313711.0005 | Direct |
| 2017-02-05 | Common Shares | F | 12692 | $40.01 | Disposed | 301019.0005 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-05 | Performance Share Units | $ | M | 14021 | Disposed | Common Shares (14021) | Direct |
Footnotes
F1: Common Shares being withheld to pay tax liability.
F2: Performance share units awarded pursuant to the Assured Guaranty 2004 Long-Term Incentive Plan (the "Plan"). Using the highest 40-day average stock price during the performance period (1/1/2014 to 12/31/2016), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.
F3: Total includes performance units from other tranches with different performance measures, performance periods and vesting dates, but does not include 96,962 outstanding options.