0001181431-15-002091.txt : 20150206
0001181431-15-002091.hdr.sgml : 20150206
20150206172706
ACCESSION NUMBER: 0001181431-15-002091
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150204
FILED AS OF DATE: 20150206
DATE AS OF CHANGE: 20150206
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ASSURED GUARANTY LTD
CENTRAL INDEX KEY: 0001273813
STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351]
IRS NUMBER: 000000000
STATE OF INCORPORATION: D0
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 30 WOOD BOURNE AVE
CITY: HAMILTON BERMUDA
STATE: D0
ZIP: 0000
BUSINESS PHONE: 441-279-5700
MAIL ADDRESS:
STREET 1: 30 WOOD BOURNE AVE
CITY: HAMILTON BERMUDA
STATE: D0
ZIP: 0000
FORMER COMPANY:
FORMER CONFORMED NAME: AGR LTD
DATE OF NAME CHANGE: 20040122
FORMER COMPANY:
FORMER CONFORMED NAME: AGC HOLDINGS LTD
DATE OF NAME CHANGE: 20031218
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FREDERICO DOMINIC
CENTRAL INDEX KEY: 0001072524
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32141
FILM NUMBER: 15585738
MAIL ADDRESS:
STREET 1: ACE LTD
STREET 2: ACE BLDG 30 WOODBOURNE AVE HAMILTON BER
4
1
rrd421905.xml
X0306
4
2015-02-04
0
0001273813
ASSURED GUARANTY LTD
AGO
0001072524
FREDERICO DOMINIC
30 WOODBOURNE AVENUE
HAMILTON
D0
HM08
BERMUDA
1
1
0
0
President/CEO/Deputy Chairman
Common Shares
2015-02-04
4
A
0
87959
A
1056983.0776
D
Common Shares
9400
I
By Wife
Common Shares
200
I
By Daughter
Common Shares
345000
I
By Family Limited Partnership
Performance Share Units
2015-02-04
4
A
0
87959
0
A
Common Shares
87959
272423
D
Restricted stock units awarded pursuant to the Assured Guaranty Ltd. 2004 Long-Term Incentive Plan (the "Plan"). With limited exceptions, the restricted stock units vest on 2/4/2018, assuming that the holder remains employed at such time. Upon vesting, one Common Share will be delivered for each vested restricted stock unit.
Total includes 348 shares purchased on 12/31/2014 pursuant to the Assured Guaranty Ltd. Stock Purchase Plan which meets the requirements of Rule 16b-3.
Performance share units awarded pursuant to the Plan. Each performance share unit represents a contingent right to receive one Common Share of the Company. With limited exceptions, the performance share units vest on 2/4/2018, if at all, at the end of the performance period (7/1/2016 to 12/31/2017), assuming that the holder remains employed at such time, based on the Company's Common Share price using the highest 40-day average stock price during the performance period as follows: 200% if the share price reaches $36; 100% if the share price reaches $32; and 50% if the share price reaches $28 (with interpolation between those prices). If the share price does not reach $28, none of the performance share units will vest.
To the extent unvested performance share units do not become vested units at the end of the applicable performance period as described above, such unvested performance share units will expire at the end of such performance period. Upon vesting, one Common Share will be delivered for each vested performance share unit.
Total includes performance share units from other tranches with different performance measures, performance periods and vesting dates, but does not include 1,084,911 outstanding options of various tranches.
By: Ling Chow, Attorney-in-fact
2015-02-06