Stern Bruce E. 4
4 · ASSURED GUARANTY LTD · Filed Nov 14, 2019
Insider Transaction Report
Form 4
Stern Bruce E.
Executive Officer,*
Transactions
- Exercise/Conversion
Common Shares
2019-11-12$19.79/sh+10,000$197,900→ 176,005.307 total - Exercise/Conversion
Options to Acquire Common Shares
2019-11-12−10,000→ 0 totalExercise: $19.79Exp: 2020-02-24→ Common Shares (10,000 underlying) - Exercise/Conversion
Options to Acquire Common Shares
2019-11-12−8,202→ 0 totalExercise: $19.24From: 2016-02-07Exp: 2020-02-07→ Common Shares (8,202 underlying) - Sale
Common Shares
2019-11-12$48.07/sh−7,011$337,019→ 168,994.307 total - Exercise/Conversion
Common Shares
2019-11-12$19.24/sh+8,202$157,806→ 177,196.307 total - Sale
Common Shares
2019-11-12$48.06/sh−5,702$274,038→ 172,144.307 total
Footnotes (5)
- [F1]The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $48.04 and $48.14 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such price range.
- [F2]The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $48.04 and $48.13 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such price range.
- [F3]Total includes 650 shares purchased on 06/30/2019 pursuant to the Assured Guaranty Ltd. Employee Stock Purchase Plan which meets the requirements of Rule 16b-3.
- [F4]Options vested as follows: 1/3 on 02/24/2011, 1/3 on 02/24/2012 and 1/3 on 02/24/2013.
- [F5]All options of this tranche have been exercised. The total number of performance share units from tranches with different performance measures, performance periods and vesting dates is 20,258.