Stern Bruce E. 4
4 · ASSURED GUARANTY LTD · Filed Feb 26, 2019
Insider Transaction Report
Form 4
Stern Bruce E.
Executive Officer,*
Transactions
- Exercise/Conversion
Common Shares
2019-02-24+28,830→ 173,141.307 total - Tax Payment
Common Shares
2019-02-24$41.55/sh−7,107$295,296→ 144,311.307 total - Tax Payment
Common Shares
2019-02-24$41.55/sh−14,119$586,644→ 159,022.307 total - Exercise/Conversion
Performance Share Units
2019-02-24−14,415→ 20,258 total→ Common Shares (14,415 underlying)
Footnotes (4)
- [F1]Common Shares being withheld to pay tax liability.
- [F2]Total includes 734 shares purchased on 06/30/2018 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 tranches with different performance measures, performance periods and vesting dates, but does not include 19,600 outstanding option.