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ARCH CAPITAL GROUP LTD. — Director's Dealing 2017
May 10, 2017
30115_dirs_2017-05-10_adea6d5b-2e43-4db6-8196-a289f5031e05.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: 2017-05-08
Reporting Person: IORDANOU CONSTANTINE (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-08 | Common Shares, $.0033 par value per share | A | 47500 | — | Acquired | 207151 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-31 | Share Appreciation Right | $19.293 | G | 6962 | Disposed | 2019-05-06 | Common Shares, $.0033 par value per share (6962) | Indirect |
| 2017-03-31 | Share Appreciation Right | $19.293 | G | 6962 | Acquired | 2019-05-06 | Common Shares, $.0033 par value per share (6962) | Direct |
| 2017-05-08 | Stock Option (right to buy) | $96.26 | A | 47500 | Acquired | 2027-05-08 | Common Shares, $.0033 par value per share (47500) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares, $.0033 par value per share | 201676 | Indirect |
| Common Shares, $.0033 par value per share | 228862 | 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: Represents restricted share units that vest in three equal annual installments on May 8th in each of 2018, 2019 and 2020, subject to the applicable award agreement.
F2: On March 31, 2017, 6,962 share appreciation rights were distributed from the 2010 GRAT. Such share appreciation rights were previously reported as indirectly beneficially held by the 2010 GRAT. Following such distribution, the reporting person owns 100,262 share appreciation rights directly and 14,488 indirectly by the 2010 GRAT.
F3: The Share Appreciation Right became exercisable in three equal annual installments commencing May 6, 2009, subject to the applicable award agreement.
F4: The stock option will become exercisable in three equal annual installments, with the first installment becoming exercisable on May 8, 2018 and the next two installments on May 8, 2019 and May 8, 2020, subject to the applicable award agreement.