0001181431-13-008247.txt : 20130211
0001181431-13-008247.hdr.sgml : 20130211
20130211151210
ACCESSION NUMBER: 0001181431-13-008247
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130207
FILED AS OF DATE: 20130211
DATE AS OF CHANGE: 20130211
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MILLS ROBERT B
CENTRAL INDEX KEY: 0001285260
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32141
FILM NUMBER: 13591254
MAIL ADDRESS:
STREET 1: 30 WOODBOURNE AVE
STREET 2: C/0ASSURED GUARANTY LTD
CITY: HAMILTON BERMUDA
STATE: D0
ZIP: 0000
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
4
1
rrd369599.xml
X0306
4
2013-02-07
0
0001273813
ASSURED GUARANTY LTD
AGO
0001285260
MILLS ROBERT B
30 WOODBOURNE AVENUE
HAMILTON
D0
HM08
BERMUDA
0
1
0
0
Chief Operating Officer
Common Shares
2013-02-07
4
A
0
4150
A
249465.3831
D
Common Shares
200
I
By Trust
Employee Stock Options
19.24
2013-02-07
4
A
0
8250
0
A
2020-02-07
Common Shares
8250
597495
D
Performance Share Units
2013-02-07
4
A
0
4480
0
A
Common Shares
4480
10125
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 2/7/2016, assuming that the holder remains employed at such time. Upon vesting, one Common Share will be delivered for each vested restricted stock unit.
Stock options awarded pursuant to the Plan. With limited exceptions, the options become exercisable on 2/7/2016, if at all, at the end of the performance period (1/1/2013 to 12/31/2015), 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: 100% if the share price reaches $30; 50% if the share price reaches $24; and 35% if the share price reaches $18 (with interpolation between those prices). If the share price does not reach $18, none of the options will vest.
Total includes options from other tranches with different exercise prices, vesting terms and expiration dates.
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 2/7/2016, if at all, at the end of the performance period (1/1/2013 to 12/31/2015), 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 three year performance period as follows: 200% if the share price reaches $30; 100% if the share price reaches $24; and 35% if the share price reaches $18 (with interpolation between those prices). If the share price does not reach $18, 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.
By: Ling Chow, Attorney-in-fact
2013-02-11