Albert Howard 4
4 · ASSURED GUARANTY LTD · Filed Feb 25, 2020
Insider Transaction Report
Form 4
Albert Howard
Chief Risk Officer
Transactions
- Tax Payment
Common Shares
2020-02-22$46.30/sh−6,804$315,025→ 190,506.495 total - Exercise/Conversion
Performance Share Units
2020-02-22−7,872→ 9,296 total→ Common Shares (7,872 underlying) - Exercise/Conversion
Common Shares
2020-02-22+13,894→ 197,310.495 total - Tax Payment
Common Shares
2020-02-22$46.30/sh−3,906$180,848→ 183,416.495 total
Footnotes (4)
- [F1]Common Shares being withheld to pay tax liability.
- [F2]Total includes 237 shares purchased on 12/31/2019 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 (7/1/2018 to 12/31/2019), approximately 176.50% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by approximately 176.50%.
- [F4]Total includes performance units from other tranches with different performance measures, performance periods and vesting dates.