Stern Bruce E. 4
4 · ASSURED GUARANTY LTD · Filed Feb 6, 2018
Insider Transaction Report
Form 4
Stern Bruce E.
Executive Officer,*
Transactions
- Exercise/Conversion
Comnmon Shares
2018-02-04+23,456→ 144,006.307 total - Tax Payment
Common Shares
2018-02-04$35.19/sh−5,860$206,213→ 120,550.307 total - Exercise/Conversion
Performance Share Units
2018-02-04−11,728→ 23,231 total→ Common Shares (11,728 underlying) - Tax Payment
Common Shares
2018-02-04$35.19/sh−11,487$404,228→ 132,519.307 total
Footnotes (4)
- [F1]Common Shares being withheld to pay tax liability.
- [F2]Total includes 641 shares purchased on 06/30/2017 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 (7/1/2016 to 12/31/2017), 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 30,694 outstanding options.