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ARCH CAPITAL GROUP LTD. — Director's Dealing 2016
Feb 16, 2016
30115_dirs_2016-02-16_d86b73cb-3b08-44dd-a88d-2fdab445b1fe.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2016-02-12
Reporting Person: Lyons Mark Donald (EVP,CFO & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-12 | Common Shares, $.0033 par value per share | M | 10100 | $23.707 | Acquired | 216861 | Direct |
| 2012-02-12 | Common Shares, $.0033 par value per share | M | 8000 | $23.10 | Acquired | 224861 | Direct |
| 2016-02-12 | Common Shares, $.0033 par value per share | M | 11000 | $19.293 | Acquired | 235861 | Direct |
| 2016-02-12 | Common Shares, $.0033 par value per share | F | 17065 | $68.40 | Disposed | 218796 | Direct |
| 2016-02-12 | Common Shares, $.0033 par value per share | S | 7500 | $67.3964 | Disposed | 211296 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-12 | Share Appreciation Right | $23.707 | M | 10100 | Disposed | 2017-05-11 | Common Shares, $.0033 par value per share (10100) | Direct |
| 2016-02-12 | Share Appreciation Right | $23.10 | M | 8000 | Disposed | 2018-05-09 | Common Shares, $.0033 par value per share (8000) | Direct |
| 2016-02-12 | Share Appreciation Right | $19.293 | M | 11000 | Disposed | 2019-05-06 | Common Shares, $.0033 par value per share (11000) | Direct |
Footnotes
F1: 86,722 of such amount will settle in Issuer's common shares upon the termination of the Reporting Person's employment, as specifically provided in the award agreements.
F2: A portion of the proceeds will be used to satisfy state and federal tax obligations.
F3: The share appreciation right became exercisable in three equal annual installments commencing May 11, 2008, subject to the applicable award agreement.
F4: The share appreciation right became exercisable in three equal annual installments commencing May 9, 2019, subject to the applicable award agreement.
F5: The share appreciation right became exercisable in three equal annual installments commencing May 6, 2010, subject to the applicable award agreement.
F6: Represents a weighted average sales price; the sales prices range from $67.371 to $67.515. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission or to the security holder of the issuer.