AI assistant
ARCH CAPITAL GROUP LTD. — Director's Dealing 2019
Aug 28, 2019
30115_dirs_2019-08-28_d650e410-78d8-4573-a97c-17af12cbd2b2.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2019-08-27
Reporting Person: Rajeh Maamoun (Chairman & CEO Arch Re Group)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-08-27 | Common Shares, $.0011 par value per share | S | 20000 | $39.0793 | Disposed | 310906 | Direct |
| 2019-08-27 | Common Shares, $.0011 par value per share | M | 24750 | $12.86 | Acquired | 335656 | Direct |
| 2019-08-27 | Common Shares, $.0011 par value per share | F | 8139 | $39.11 | Disposed | 327517 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-08-27 | Share Appreciation Right | $12.86 | M | 24750 | Disposed | 2022-05-09 | Common Shares, $.0011 par value per share (24750) | Direct |
Footnotes
F1: Represents a weighted average sales price; the sales prices range from $39 to $39.13. 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.
F2: Amount includes 875 common shares acquired on May 31, 2019 under the Arch Capital Group Ltd. Employee Share Purchase Plan.
F3: The share appreciation right became exercisable in three equal annual installments, with the first installment became exercisable on May 9, 2013, and the next two May 9, 2014 and May 9, 2015, subject to the applicable award agreement.
F4: In connection with the exercise of a share appreciation right as described in Table II, 8,139 shares were disposed of in satisfaction of the exercise price; 16,611 net shares were issued.