Brewer Russell B. II 4
4 · ASSURED GUARANTY LTD · Filed Feb 25, 2020
Insider Transaction Report
Form 4
Brewer Russell B. II
Chief Surveillance Officer
Transactions
- Exercise/Conversion
Common Shares
2020-02-22+24,452→ 219,528.458 total - Tax Payment
Common Shares
2020-02-22$46.30/sh−6,830$316,229→ 195,076.458 total - Tax Payment
Common Shares
2020-02-22$46.30/sh−11,975$554,443→ 207,553.458 total - Exercise/Conversion
Performance Share Units
2020-02-22−13,854→ 15,732 total→ Common Shares (13,854 underlying)
Footnotes (3)
- [F1]Common Shares being withheld to pay tax liability.
- [F2]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%.
- [F3]Total includes performance units from other tranches with different performance measures, performance periods and vesting dates.