Jorge A. Gana - Feb 22, 2023 Form 4 Insider Report for ASSURED GUARANTY LTD (AGO)

Role: Chief Risk Officer
Signature: /s/ Ling Chow, Attorney-in-fact
Stock symbol: AGO
Transactions as of: Feb 22, 2023
Transactions value $: -$22,750
Form type: 4
Date filed: 2/24/2023, 04:09 PM
Previous filing: Feb 22, 2023
Next filing: Feb 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AGO	Common Shares	Award	$0	+3.86K	+19.47%	$0.00	23.7K	Feb 22, 2023	Direct	F1
transaction	AGO	Common Shares	Tax liability	-$22.8K	-365	-1.54%	$62.33	23.3K	Feb 23, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") awarded pursuant to the Assured Guaranty Ltd. 2004 Long-Term Incentive Plan (the "Plan"). These RSUs vest as follows: 1/4 on the first anniversary of the date of the award, 1/4 on the second anniversary of the date of the award, 1/4 on the third anniversary of the date of the award and 1/4 on the fourth anniversary of the date of the award. Upon vesting, one (1) common share will be delivered for each vested RSU.
F2	Common Shares being withheld to pay tax liability.

Content

Restricted stock units ("RSUs") awarded pursuant to the Assured Guaranty Ltd. 2004 Long-Term Incentive Plan (the "Plan"). These RSUs vest as follows: 1/4 on the first anniversary of the date of the award, 1/4 on the second anniversary of the date of the award, 1/4 on the third anniversary of the date of the award and 1/4 on the fourth anniversary of the date of the award. Upon vesting, one (1) common share will be delivered for each vested RSU.

Common Shares being withheld to pay tax liability.