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ARCH CAPITAL GROUP LTD. — Director's Dealing 2019
Mar 15, 2019
30115_dirs_2019-03-15_4813c10d-cda8-48e6-b105-54f7f98aaaed.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: 2019-03-14
Reporting Person: Hutchings W Preston (SVP & Chief Investment Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-14 | Common Shares, $.0011 par value per share | S | 37500 | $32.5539 | Disposed | 585260 | Indirect |
| 2019-03-14 | Common Shares, $.0011 par value per share | M | 45900 | $6.4310 | Acquired | 631160 | Indirect |
| 2019-03-14 | Common Shares, $.0011 par value per share | F | 9069 | $32.55 | Disposed | 622091 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-14 | Share Appreciation Right | $6.4310 | M | 45900 | Disposed | 2019-05-06 | Common Shares, $.0011 par value per share (45900) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares, $.0011 par value per share | 62216 | Direct |
| Common Shares, $.0011 par value per share | 600 | Indirect |
Footnotes
F1: The shares are held by a company which is owned by a family trust; beneficiaries of the family trust are the reporting person, his spouse and their children.
F2: Represents a weighted average sale price; the sales prices range from $32.50 to $32.64. Upon request, the full information regarding the number of shares sold at each price increment will be provided to the Commission or to a security holder of the issuer.
F3: The share appreciation right became exercisable in three equal annual installments, with the first installment became exercisable on May 6, 2010, and the next two May 6, 2011 and May 6, 2012, subject to the applicable award agreement.
F4: In connection with the exercise of a share appreciation right as described in Table II, 9,069 shares were disposed of in satisfaction of the exercise price; 36,831 net shares were issued.