AI assistant
ARCH CAPITAL GROUP LTD. — Director's Dealing 2016
Feb 12, 2016
30115_dirs_2016-02-12_8fbba216-83d5-424e-a34a-1fe719cacd92.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 5 — Annual Statement of Changes in Beneficial Ownership
Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2015-12-31
Reporting Person: IORDANOU CONSTANTINE (Director, Chairman & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-12-31 | Stock Option (right to buy) | $18.757 | G | 10524 | Disposed | 2016-02-23 | Common Shares, $.0033 par value per share (10524) | Indirect |
| 2015-12-31 | Stock Option (right to buy) | $18.757 | G | 58730 | Disposed | 2016-02-23 | Common Shares, $.0033 par value per share (58730) | Indirect |
| 2015-12-31 | Stock Option (right to buy) | $18.757 | G | 40813 | Disposed | 2006-02-23 | Common Shares, $.0033 par value per share (40813) | Indirect |
| 2015-12-31 | Stock Option (right to buy) | $18.757 | G | 110067 | Acquired | 2016-02-23 | Common Shares, $.0033 par value per share (110067) | Direct |
| 2015-12-31 | Share Appreciation Right | $19.293 | G | 66216 | Disposed | 2019-05-06 | Common Shares, $.0033 par value per share (66216) | Indirect |
| 2015-12-31 | Share Appreciation Right | $19.293 | G | 66216 | Acquired | 2019-05-06 | Common Shares, $.0033 par value per share (66216) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares, $.0033 par value per share | 243025 | Direct |
| Common Shares, $.0033 par value per share | 120000 | Indirect |
| Common Shares, $.0033 par value per share | 83333 | Indirect |
| Common Shares, $.0033 par value per share | 116613 | Indirect |
| Common Shares, $.0033 par value per share | 11616 | Indirect |
| Series C Non-Cumulative Preferred Shares (non-convertible) | 6000 | Direct |
| Series C Non-Cumulative Preferred Shares (non-convertible) | 1800 | Indirect |
Footnotes
F1: The stock option became exercisable in three equal annual installments with the first installment being exercisable on February 23, 2007 and the second and third installments being exercisable on February 23, 2008 and February 23, 2009.
F2: On December 31, 2015, 10,524 stock options were distributed from the 2010 GRAT. Such options were previously reported as indirectly beneficially held by the 2010 GRAT. Following such distribution, the 2010 GRAT indirectly owns 217,833 stock options.
F3: On December 31, 2015, 58,730 stock options were distributed from the 2014 GRAT. Such options were previously reported as indirectly beneficially held by the 2014 GRAT. Following such distribution, 0 stock options are indirectly owned by the 2014 GRAT.
F4: On December 31, 2015, 40,813 stock options were distributed from the 2015 GRAT. Such options were previously reported as indirectly beneficially held by the 2015 GRAT. Following such distribution, 112,240 stock options are indirectly owned by the 2015 GRAT.
F5: Following the distributions described in Footnotes 2, 3, and 4, the reporting person owns 119,927 stock options directly.
F6: The share appreciation right became exercisable in three equal annual installments with the first installment being exercisable on May 6, 2010 and the second and third installments being exercisable on May 6, 2011 and May 6, 2012.
F7: On December 31, 2015, 66,216 share appreciation rights (SARs) were distributed from the 2014 GRAT. Such SARs were previously reported as indirectly beneficially held by the 2014 GRAT. Following such distribution, the 2014 GRAT indirectly owns 27,084 SARs and the reporting person owns 66,216 SARs directly.