ASSURED GUARANTY LTD — Director's Dealing 2019

Feb 26, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASSURED GUARANTY LTD (AGO)
CIK: 0001273813
Period of Report: 2019-02-24

Reporting Person: FREDERICO DOMINIC (Director, President/CEO/Deputy Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-24	Common Shares	F	42643	$41.55	Disposed	1129567.0034	Direct
2019-02-24	Common Shares	M	205930	$0.00	Acquired	1335497.0034	Direct
2019-02-24	Common Shares	F	85118	$41.55	Disposed	1250379.0034	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-24	Performance Share Units	$	M	102965	Disposed		Common Shares (102965)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	9400	Indirect
Common Shares	200	Indirect
Common Shares	345000	Indirect

Footnotes

F1: Common Shares being withheld to pay tax liability.

F2: Total includes 82 shares purchased on 12/31/2018 pursuant to the Assured Guaranty Ltd. Employee Stock Purchase Plan which meets the requirements of Rule 16b-3.

F3: Performance share units awarded pursuant to the Assured Guaranty Ltd. 2004 Long-Term Incentive Plan (the "Plan"). Using the highest 40-day average stock price during the performance period (7/1/2017 to 12/31/2018), 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%.

F4: Total includes performance units from other tranches with different performance measures, performance periods and vesting dates, but does not include 100,000 outstanding options.