Francois Morin - 10 Aug 2022 Form 4 Insider Report for ARCH CAPITAL GROUP LTD. (ACGL)

Role
EVP AND CFO
Signature
/s/ Francois Morin
Issuer symbol
ACGL
Transactions as of
10 Aug 2022
Net transactions value
-$955,697
Form type
4
Filing time
12 Aug 2022, 19:00:51 UTC
Previous filing
15 Mar 2022
Next filing
21 Feb 2023
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 $163,492 +11,500 +5.7% $14.22 213,759 10 Aug 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability $163,506 -3,615 -1.7% $45.23 210,144 10 Aug 2022 Direct F1
transaction ACGL Common Shares, $.0011 par value per share Sale $792,190 -16,885 -8% $46.92 193,259 12 Aug 2022 Direct F2

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 Appreciate Right Options Exercise $163,492 -11,500 -100% $14.22 0 10 Aug 2022 Common Shares, $.0011 par value per share 11,500 $14.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the exercise of the share appreciation rights award described in Table II, 3,615 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 7,885 common shares
F2 Represents a weighted average sale price; the sales prices range from $46.85 to $46.97. Upon request, the full information regarding the number of shares sold at each separate price within the range will be provided to the issuer, any security holder of the issuer or the staff of the Securities Exchange Commission
F3 The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on November 12, 2013 and the next two installments on November 12, 2014 and November 12, 2015 subject to the applicable award agreement.