ASSURED GUARANTY LTD — Director's Dealing 2018

Sep 24, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASSURED GUARANTY LTD (AGO)
CIK: 0001273813
Period of Report: 2018-09-21

Reporting Person: Chow Ling (General Counsel and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-21	Common Shares	M	4000	$7.44	Acquired	75737	Direct
2018-09-21	Common Shares	F	2459	$42.28	Disposed	73278	Direct
2018-09-21	Common Shares	M	2241	$17.44	Acquired	75519	Direct
2018-09-21	Common Shares	F	1626	$42.28	Disposed	73893	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-21	Options to Acquire Common Shares	$7.44	M	4000	Disposed	2019-02-05	Common Shares (4000)	Direct
2018-09-21	Options to Acquire Common Shares	$17.44	M	2241	Disposed	2019-02-09	Common Shares (2241)	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: Options vested as follows: 1/3 on 02/05/2010, 1/3 on 02/05/2011 and 1/3 on 02/05/2012.

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 12,598 (after taking into account the options exercised as reported on this Form 4). The total number of performance share units from tranches with different performance measures, performance periods and vesting dates is 9,296.