MARC GRANDISSON - 05 May 2021 Form 4 Insider Report for ARCH CAPITAL GROUP LTD. (ACGL)

Role
CEO, Director
Signature
/s/ Marc Grandisson
Issuer symbol
ACGL
Transactions as of
05 May 2021
Transactions value $
-$21
Form type
4
Filing time
07 May 2021, 16:20:27 UTC
Next filing
21 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACGL Common Shares, $.0011 par value per share Options Exercise $406,954 +36,000 +1.7% $11.3 2,113,646 05 May 2021 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$406,963 -10,126 -0.48% $40.19 2,103,520 05 May 2021 Direct F2
transaction ACGL Common Shares, $.0011 par value per share Options Exercise $406,954 +36,000 +1.7% $11.3 2,139,520 06 May 2021 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$406,966 -10,233 -0.48% $39.77 2,129,287 06 May 2021 Direct F3
holding ACGL Common Shares, $.0011 par value per share 1,980 05 May 2021 By spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ACGL Share Appreciation Right Options Exercise $0 -36,000 -50% $0 36,000 05 May 2021 Common Shares, $.0011 par value per share 36,000 $11.3 Direct F1
transaction ACGL Share Appreciation Right Options Exercise $0 -36,000 -100% $0* 0 06 May 2021 Common Shares, $.0011 par value per share 36,000 $11.3 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The share appreciation right became exercisable in three equal annual installments, with the first installment becoming exercisable on May 6, 2012 and the next two installments on May 6, 2013 and May 6, 2014, subject to the applicable award agreement.
F2 In connection with the exercise of the share appreciation rights award described in Table II, 10,126 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 25,874 common shares.
F3 In connection with the exercise of the share appreciation rights award described in Table II, 10,233 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 25,767 common shares.