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ARCH CAPITAL GROUP LTD. — Director's Dealing 2016
Feb 11, 2016
30115_dirs_2016-02-11_205a9e22-f8d0-4c53-9bc2-a26885bfb6a6.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: 2016-02-09
Reporting Person: Vollaro John D (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-09 | Common Shares, $.0033 par value per share | M | 120000 | $18.757 | Acquired | 120000 | Direct |
| 2016-02-09 | Common Shares, $.0033 par value per share | F | 33163 | $67.87 | Disposed | 86837 | Direct |
| 2016-02-09 | Common Shares, $.0033 par value per share | G | 86837 | — | Disposed | 0 | Direct |
| 2016-02-09 | Common Shares, $.0033 par value per share | G | 86837 | — | Acquired | 137435 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-09 | Stock Option (right to buy) | $18.757 | M | 120000 | Disposed | 2016-02-23 | Common Shares, $.0033 par value per share (120000) | Direct |
Footnotes
F1: On February 9, 2016, the reporting person exercised 120,000 stock options, and under the net settlement provisions of the applicable award agreement, 33,163 common shares were withheld in payment of the exercise price.
F2: The stock option became exercisable in three equal installments, with the first installment exercisable on February 23, 2007 and the second and third installments exercisable on February 23, 2008 and 2009, respectively.
F3: On February 9, 2016, the reporting person contributed such shares to a revocable trust for which he serves as trustee.
F4: Such common shares are held by a revocable trust for which the reporting person serves as trustee.