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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1170593	Primus Guaranty Ltd	PRS	Security & Commodity Brokers, Dealers, Exchanges & Services (6200)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1300155	Richard Claiden	C/O Primus Asset Management, Inc 360 Madison Avenue, 25Th Floor New York NY 10017	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Shares, Par Value $0.08 Per Share	Disposition	2011-09-08	20,232	$5.72	385,050	No	4	S	Direct
Common Shares, Par Value $0.08 Per Share	Disposition	2011-09-08	100	$5.73	385,950	No	4	S	Direct
Common Shares, Par Value $0.08 Per Share	Acquisiton	2011-09-08	20,132	$5.72	406,082	No	4	P	Direct
Common Shares, Par Value $0.08 Per Share	Acquisiton	2011-09-08	200	$5.67	406,282	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	P	Direct
No	4	P	Direct

Footnotes

The transactions reported on this Form 4 are matchable under Section 16(b) of the Securities Exchange Act of 1934. The reporting person has agreed to pay to the Company, upon settlement of the sales, $10.50, representing the full amount of the profit realized in connection with the short-swing transactions.
The transactions reported on this Form 4 reflect the sale of 20,332 shares sold from the reporting person's personal account, all of which were subsequently purchased for the reporting person's individual retirement account.