Stern Bruce E.

SEC source: 0001209191-19-056584 · doc4.xml · derivative · entry 6

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 8,202 shares

Expires 2020-02-07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · balance_after: 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.

SEC source: 0001209191-19-056584 · doc4.xml · derivative · entry 5

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 10,000 shares

Expires 2020-02-24

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: Options vested as follows: 1/3 on 02/24/2011, 1/3 on 02/24/2012 and 1/3 on 02/24/2013.

F5 · balance_after: 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.

SEC source: 0001209191-19-056584 · doc4.xml · nonDerivative · entry 4

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 172,144.3073

F2 · price: 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 · balance_after: 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.

SEC source: 0001209191-19-056584 · doc4.xml · nonDerivative · entry 3

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 177,196.3073

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-19-056584 · doc4.xml · nonDerivative · entry 2

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 168,994.3073

F1 · price: 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.

SEC source: 0001209191-19-056584 · doc4.xml · nonDerivative · entry 1

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 176,005.3073

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-19-015198 · doc4.xml · nonDerivative · entry 1

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 166,005.3073

F1 · price: 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 2/27/2022, assuming that the holder remains employed at such time. Upon vesting, one Common Share will be delivered for each vested restricted stock unit.

SEC source: 0001209191-19-013703 · doc4.xml · derivative · entry 4

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,258

Underlying: Common Shares · 14,415 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: 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 (7/1/2017 to 12/31/2018), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

F3 · deemedExecutionDate: 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 (7/1/2017 to 12/31/2018), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

F3 · derivative.exercise_date: 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 (7/1/2017 to 12/31/2018), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

F3 · derivative.expiration_date: 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 (7/1/2017 to 12/31/2018), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

F4 · balance_after: Total includes performance units from tranches with different performance measures, performance periods and vesting dates, but does not include 19,600 outstanding option.

SEC source: 0001209191-19-013703 · doc4.xml · nonDerivative · entry 3

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 159,022.3073

F1 · shares: Common Shares being withheld to pay tax liability.

SEC source: 0001209191-19-013703 · doc4.xml · nonDerivative · entry 2

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 173,141.3073

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · shares: 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 (7/1/2017 to 12/31/2018), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

SEC source: 0001209191-19-013703 · doc4.xml · nonDerivative · entry 1

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 144,311.3073

F1 · shares: Common Shares being withheld to pay tax liability.

F2 · balance_after: Total includes 734 shares purchased on 06/30/2018 pursuant to the Assured Guaranty Ltd. Employee Stock Purchase Plan which meets the requirements of Rule 16b-3.

SEC source: 0001209191-18-062081 · doc4.xml · derivative · entry 2

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,600

Underlying: Common Shares · 6,723 shares

Expires 2019-02-09

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: All options of this tranche have been exercised. Total includes options from other tranches with different exercise prices, vesting dates and expiration dates, but does not include 34,673 performance share units of various tranches.

SEC source: 0001209191-18-062081 · doc4.xml · nonDerivative · entry 1

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 150,684.3073

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-18-013037 · doc4.xml · derivative · entry 2

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,673

Underlying: Common Shares · 11,442 shares

Expires not disclosed

F2 · derivative.exercise_price: 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 2/21/2021, if at all, at the end of the performance period (7/1/2019 to 12/31/2020), 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 $50; 100% if the share price reaches $46; and 50% if the share price reaches $42 (with interpolation between those prices). If the share price does not reach $42, none of the performance share units will vest.

F3 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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 2/21/2021, if at all, at the end of the performance period (7/1/2019 to 12/31/2020), 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 $50; 100% if the share price reaches $46; and 50% if the share price reaches $42 (with interpolation between those prices). If the share price does not reach $42, none of the performance share units will vest.

F3 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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 2/21/2021, if at all, at the end of the performance period (7/1/2019 to 12/31/2020), 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 $50; 100% if the share price reaches $46; and 50% if the share price reaches $42 (with interpolation between those prices). If the share price does not reach $42, none of the performance share units will vest.

F3 · derivative.expiration_date: 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.

F4 · balance_after: Total includes performance units from other tranches with different performance measures, performance periods and vesting dates, but does not include 30,694 outstanding options of various tranches.

SEC source: 0001209191-18-013037 · doc4.xml · nonDerivative · entry 1

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 143,961.3073

F1 · price: 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 2/21/2021, assuming that the holder remains employed at such time. Upon vesting, one Common Share will be delivered for each vested restricted stock unit.

SEC source: 0001209191-18-007876 · doc4.xml · derivative · entry 4

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,231

Underlying: Common Shares · 11,728 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: 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 (7/1/2016 to 12/31/2017), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

F3 · deemedExecutionDate: 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 (7/1/2016 to 12/31/2017), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

F3 · derivative.exercise_date: 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 (7/1/2016 to 12/31/2017), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

F3 · derivative.expiration_date: 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 (7/1/2016 to 12/31/2017), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

F4 · balance_after: Total includes performance units from other tranches with different performance measures, performance periods and vesting dates, but does not include 30,694 outstanding options.

SEC source: 0001209191-18-007876 · doc4.xml · nonDerivative · entry 3

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 132,519.3073

F1 · shares: Common Shares being withheld to pay tax liability.

SEC source: 0001209191-18-007876 · doc4.xml · nonDerivative · entry 2

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 144,006.3073

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · shares: 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 (7/1/2016 to 12/31/2017), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

SEC source: 0001209191-18-007876 · doc4.xml · nonDerivative · entry 1

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 120,550.3073

F1 · shares: Common Shares being withheld to pay tax liability.

F2 · balance_after: Total includes 641 shares purchased on 06/30/2017 pursuant to the Assured Guaranty Ltd. Employee Stock Purchase Plan which meets the requirements of Rule 16b-3.

SEC source: 0001209191-17-014373 · doc4.xml · derivative · entry 2

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,959

Underlying: Common Shares · 8,816 shares

Expires not disclosed

F2 · derivative.exercise_price: 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 2/22/2020, if at all, at the end of the performance period (7/1/2018 to 12/31/2019), 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 $50; 100% if the share price reaches $46; and 50% if the share price reaches $42 (with interpolation between those prices). If the share price does not reach $42, none of the performance share units will vest.

F3 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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 2/22/2020, if at all, at the end of the performance period (7/1/2018 to 12/31/2019), 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 $50; 100% if the share price reaches $46; and 50% if the share price reaches $42 (with interpolation between those prices). If the share price does not reach $42, none of the performance share units will vest.

F3 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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 2/22/2020, if at all, at the end of the performance period (7/1/2018 to 12/31/2019), 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 $50; 100% if the share price reaches $46; and 50% if the share price reaches $42 (with interpolation between those prices). If the share price does not reach $42, none of the performance share units will vest.

F3 · derivative.expiration_date: 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.

F4 · balance_after: Total includes performance units from other tranches with different performance measures, performance periods and vesting dates, but does not include 30,694 outstanding options of various tranches.

SEC source: 0001209191-17-014373 · doc4.xml · nonDerivative · entry 1

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 125,769.3073

F1 · price: 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 2/22/2020, assuming that the holder remains employed at such time. Upon vesting, one Common Share will be delivered for each vested restricted stock unit.

SEC source: 0001209191-17-008376 · doc4.xml · derivative · entry 4

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,143

Underlying: Common Shares · 9,252 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Performance share units awarded pursuant to the Assured Guaranty 2004 Long-Term Incentive Plan (the "Plan"). Using the highest 40-day average stock price during the performance period (1/1/2014 to 12/31/2016), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

F3 · deemedExecutionDate: Performance share units awarded pursuant to the Assured Guaranty 2004 Long-Term Incentive Plan (the "Plan"). Using the highest 40-day average stock price during the performance period (1/1/2014 to 12/31/2016), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

F3 · derivative.exercise_date: Performance share units awarded pursuant to the Assured Guaranty 2004 Long-Term Incentive Plan (the "Plan"). Using the highest 40-day average stock price during the performance period (1/1/2014 to 12/31/2016), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

F3 · derivative.expiration_date: Performance share units awarded pursuant to the Assured Guaranty 2004 Long-Term Incentive Plan (the "Plan"). Using the highest 40-day average stock price during the performance period (1/1/2014 to 12/31/2016), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

F4 · balance_after: Total includes performance units from other tranches with different performance measures, performance periods and vesting dates, but does not include 30,694 outstanding options.

SEC source: 0001209191-17-008376 · doc4.xml · nonDerivative · entry 3

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 116,953.3073

F1 · shares: Common Shares being withheld to pay tax liability.

SEC source: 0001209191-17-008376 · doc4.xml · nonDerivative · entry 2

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 125,830.3073

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · shares: Performance share units awarded pursuant to the Assured Guaranty 2004 Long-Term Incentive Plan (the "Plan"). Using the highest 40-day average stock price during the performance period (1/1/2014 to 12/31/2016), 200.00% of the performance share units granted became vested. The number of Common Shares delivered equals the number of performance share units granted multiplied by 200.00%.

SEC source: 0001209191-17-008376 · doc4.xml · nonDerivative · entry 1

Stern Bruce E. · CIK 0001539879 · Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 107,326.3073

F1 · shares: Common Shares being withheld to pay tax liability.

F2 · balance_after: Total includes 957 shares purchased on 6/30/2016 pursuant to the Assured Guaranty Ltd. Stock Purchase Plan which meets the requirements of Rule 16b-3.