BORGES FRANCISCO L

SEC source: 0001213900-26-070181 · marketforms-73425.xml · nonDerivative · entry 2

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 153,111

SEC source: 0001213900-26-070181 · marketforms-73425.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 155,699

SEC source: 0001213900-26-062887 · marketforms-73309.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 179,858

SEC source: 0001213900-26-060627 · marketforms-73247.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 179,932

SEC source: 0001213900-26-051775 · marketforms-73033.xml · nonDerivative · entry 2

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 180,359

F2 · price: Restricted stock awarded to non-management directors as an annual retainer equity award pursuant to the Assured Guaranty Ltd. 2024 Long Term Incentive Plan, which become non-forfeitable on the day immediately prior to the 2027 annual shareholders meeting.

SEC source: 0001213900-26-051775 · marketforms-73033.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 174,425

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

SEC source: 0001213900-26-037547 · marketforms-72820.xml · nonDerivative · entry 2

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 175,702

SEC source: 0001213900-26-037547 · marketforms-72820.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 176,952

F1 · price: The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $80.00 and $80.65 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: 0001213900-25-039704 · marketforms-69344.xml · nonDerivative · entry 2

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 300,702

F2 · price: Restricted stock awarded to non-management directors as an annual retainer equity award pursuant to the Assured Guaranty Ltd. 2024 Long Term Incentive Plan, which become non-forfeitable on the day immediately prior to the 2026 annual shareholders meeting.

SEC source: 0001213900-25-039704 · marketforms-69344.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 294,937

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

SEC source: 0001213900-24-039719 · marketforms-65710.xml · nonDerivative · entry 2

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 296,232

F2 · price: Restricted stock awarded to non-management directors as an annual retainer equity award pursuant to the Assured Guaranty Ltd. 2024 Long Term Incentive Plan, which become non-forfeitable on the day immediately prior to the 2025 annual shareholders meeting.

SEC source: 0001213900-24-039719 · marketforms-65710.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 290,403

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

SEC source: 0001209191-23-027424 · doc4.xml · nonDerivative · entry 2

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 292,494

F2 · price: Restricted stock awarded to non-management directors as an annual retainer equity award pursuant to the Assured Guaranty Ltd. 2004 Long Term Incentive Plan, which become non-forfeitable on the day immediately prior to the 2024 annual shareholders meeting.

SEC source: 0001209191-23-027424 · doc4.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 283,118

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

SEC source: 0001209191-22-027450 · doc4.xml · nonDerivative · entry 2

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 284,945

F2 · price: Restricted stock awarded to non-management directors as an annual retainer equity award pursuant to the Assured Guaranty Ltd. 2004 Long Term Incentive Plan, which become non-forfeitable on the day immediately prior to the 2023 annual shareholders meeting.

SEC source: 0001209191-22-027450 · doc4.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 276,706

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

SEC source: 0001209191-21-030707 · doc4.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 278,290

F1 · price: Restricted stock awarded to non-management directors as an annual retainer equity award pursuant to the Assured Guaranty Ltd. 2004 Long Term Incentive Plan, which become non-forfeitable on the day immediately prior to the 2022 annual shareholders meeting.

SEC source: 0001214659-21-003616 · marketforms-52145.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,058

F1 · kind: Acquisition of securities under Jefferies Financial Group Inc.'s Equity Compensation Plan in a transaction exempt under Rule 16b-3(d)(1) & (2) under the Securities Exchange Act of 1934.

SEC source: 0001209191-20-027792 · doc4.xml · nonDerivative · entry 2

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 268,746

F2 · price: Restricted stock awarded to non-management directors as an annual retainer equity award pursuant to the Assured Guaranty Ltd. 2004 Long Term Incentive Plan, which become non-forfeitable on the day immediately prior to the 2021 annual shareholders meeting.

SEC source: 0001209191-20-027792 · doc4.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 251,321

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

SEC source: 0001214659-20-003538 · marketforms-48593.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,949

F1 · kind: Acquisition of securities under Jefferies Financial Group Inc.'s Directors' Stock Compensation Plan in a transaction exempt under Rule 16b-3(d)(1) & (2) under the Securities Exchange Act of 1934.

SEC source: 0001209191-20-020460 · doc4.xml · derivative · entry 3

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 7,658 shares

Expires 2020-05-06

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.

F2 · balance_after: All options of this tranche have been exercised.

SEC source: 0001209191-20-020460 · doc4.xml · nonDerivative · entry 2

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 253,066

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: 0001209191-20-020460 · doc4.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 245,408

F1 · price: The Common Shares purchased by the Reporting Person and reported herein were purchased at a range of between $25.89 and $25.96 per share. The purchase price reported above represents the weighted average purchase 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 purchased at each separate price within such price range.

SEC source: 0001209191-19-028551 · doc4.xml · nonDerivative · entry 2

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 235,408

F2 · price: Restricted stock awarded to non-management directors as an annual retainer equity award pursuant to the Assured Guaranty Ltd. 2004 Long Term Incentive Plan, which become non-forfeitable on the day immediately prior to the 2020 annual shareholders meeting.

SEC source: 0001209191-19-028551 · doc4.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 224,751

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

SEC source: 0001214659-19-002382 · marketforms-44713.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,556

F1 · kind: Acquisition of securities under Jefferies Financial Group Inc.'s Directors' Stock Compensation Plan in a transaction exempt under Rule 16b-3(d)(1) & (2) under the Securities Exchange Act of 1934.

SEC source: 0001214659-18-004083 · marketforms-42116.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,466

F1 · kind: Acquisition of securities under Jefferies Financial Group Inc.'s Directors' Stock Compensation Plan in a transaction exempt under Rule 16b-3(d)(1) & (2) under the Securities Exchange Act of 1934.

SEC source: 0001209191-18-027918 · doc4.xml · nonDerivative · entry 2

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 227,817

F2 · price: Restricted stock awarded to non-management directors as an annual retainer equity award pursuant to the Assured Guaranty Ltd. 2004 Long Term Incentive Plan, which become non-forfeitable on the day immediately prior to the 2019 annual shareholders meeting.

SEC source: 0001209191-18-027918 · doc4.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 214,037

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

SEC source: 0001214659-17-003669 · marketforms-38906.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,075

F1 · kind: Acquisition of securities under Leucadia National Corporation's Directors' Stock Compensation Plan in a transaction exempt under Rule 16b-3(d)(1) & (2) under the Securities Exchange Act of 1934.

SEC source: 0001209191-17-030033 · doc4.xml · nonDerivative · entry 2

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 216,900

F2 · price: Restricted stock awarded to non-management directors as an annual retainer equity award pursuant to the Assured Guaranty Ltd. 2004 Long Term Incentive Plan, which become non-forfeitable on the day immediately prior to the 2018 annual shareholders meeting.

SEC source: 0001209191-17-030033 · doc4.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 203,981

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

SEC source: 0001209191-17-002949 · doc4.xml · derivative · entry 3

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 6,984.6702 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.

F1 · derivative.exercise_price: Restricted stock units ("RSUs"), each representing a right equivalent to one common share of the Company were settled on January 6, 2017, with 50% payable in common shares and 50% payable in a cash amount equal to $38.73 (which was the fair market value of one common share of the Company on the settlement date), with fractional RSU settlements reflected by rounding down the share settlement and rounding up the cash settlement.

F3 · derivative.exercise_date: Each RSU is vested. The RSUs settled January 6, 2017.

F3 · derivative.expiration_date: Each RSU is vested. The RSUs settled January 6, 2017.

F4 · balance_after: Total excludes derivative securities of other types and other tranches, different vesting terms, performance periods and conditions, exercise prices and expiration dates, as applicable.

SEC source: 0001209191-17-002949 · doc4.xml · nonDerivative · entry 2

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 207,153

F1 · price: Restricted stock units ("RSUs"), each representing a right equivalent to one common share of the Company were settled on January 6, 2017, with 50% payable in common shares and 50% payable in a cash amount equal to $38.73 (which was the fair market value of one common share of the Company on the settlement date), with fractional RSU settlements reflected by rounding down the share settlement and rounding up the cash settlement.

F2 · balance_after: Totals may not tally due to rounding.

SEC source: 0001209191-17-002949 · doc4.xml · nonDerivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 210,646.6702

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 · price: Restricted stock units ("RSUs"), each representing a right equivalent to one common share of the Company were settled on January 6, 2017, with 50% payable in common shares and 50% payable in a cash amount equal to $38.73 (which was the fair market value of one common share of the Company on the settlement date), with fractional RSU settlements reflected by rounding down the share settlement and rounding up the cash settlement.

F2 · balance_after: Totals may not tally due to rounding.

SEC source: 0001209191-16-152992 · doc4.xml · derivative · entry 1

BORGES FRANCISCO L · CIK 0001272020 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,984.6702

Underlying: Common Shares · 25.2997 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a right equivalent to one common share of the Company, 50% of which is payable in common shares and 50% of which is payable in a cash amount equal to the fair market value of one common share of the Company on the settlement date.

F2 · shares: Represents accrual of dividend equivalents on RSUs granted pursuant to the Assured Guaranty Ltd. 2004 Long Term Incentive Plan which meets the requirements of Rule 16b-3.

F3 · derivative.exercise_date: Each RSU is vested. The RSUs will be payable on or about January 6, 2017.

F3 · derivative.expiration_date: Each RSU is vested. The RSUs will be payable on or about January 6, 2017.

F4 · balance_after: The total includes RSUs that were granted prior to January 1, 2009 plus dividend accruals on such RSUs. Because these RSUs originally could be settled solely for common shares, they were previously reported on Table I. On November 2, 2016, the terms of these RSUs were amended to allow settlement in a combination of cash and common shares. Accordingly, these RSUs are now included in total RSUs in Table II and the common shares underlying such RSUs no longer will be included in the total amount of common shares reported in Table I until such time as the RSUs are settled.

F5 · balance_after: Total excludes derivative securities of other types and other tranches, different vesting terms, performance periods and conditions, exercise prices and expiration dates, as applicable.