MARC GRANDISSON - 09 Nov 2022 Form 4 Insider Report for ARCH CAPITAL GROUP LTD. (ACGL)

Role
CEO, Director
Signature
/s/ Marc Grandisson
Issuer symbol
ACGL
Transactions as of
09 Nov 2022
Transactions value $
-$40
Form type
4
Filing time
14 Nov 2022, 18:12:08 UTC
Previous filing
04 Nov 2022
Next filing
13 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 $916K +48K +50.86% $19.09 142K 09 Nov 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$916K -15.9K -11.18% $57.56 126K 09 Nov 2022 Direct F1
transaction ACGL Common Shares, $.0011 par value per share Options Exercise $1.54M +81K +64.05% $19.03 207K 09 Nov 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$1.54M -26.8K -12.91% $57.56 181K 09 Nov 2022 Direct F2
transaction ACGL Common Shares, $.0011 par value per share Gift $0 -36.2K -20.06% $0.00 144K 08 Nov 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Gift $0 +36.2K +1.53% $0.00 2.4M 08 Nov 2022 By Company

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 -48K -100% $0.00* 0 09 Nov 2022 Common Shares, $.0011 par value per share 48K $19.09 Direct F3
transaction ACGL Share Appreciation Right Options Exercise $0 -81K -100% $0.00* 0 09 Nov 2022 Common Shares, $.0011 par value per share 81K $19.03 Direct F4
* 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, 15,920 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 32,080 common shares
F2 In connection with the exercise of the share appreciation rights award described in Table II, 26,772 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 54,219 common shares
F3 The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on May 13, 2015 and the next two installments on May 13, 2016 and May 13, 2017 subject to the applicable award agreement.
F4 The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on November 6, 2015 and the next two installments on November 6, 2016 and November 6, 2017 subject to the applicable award agreement.