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ARCH CAPITAL GROUP LTD. — Director's Dealing 2021
Nov 18, 2021
30115_dirs_2021-11-18_073f5da3-cd9d-42a2-a711-93e912a2fe93.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: 2021-11-16
Reporting Person: Morin Francois (EVP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-16 | Common Shares, $.0011 par value per share | S | 16950 | $43.2423 | Disposed | 162479 | Direct |
| 2021-11-16 | Common Shares, $.0011 par value per share | M | 3000 | $12.86 | Acquired | 165479 | Direct |
| 2021-11-16 | Common Shares, $.0011 par value per share | F | 904 | $42.69 | Disposed | 164575 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-16 | Share Appreciation Right | $12.86 | M | 3000 | Disposed | 2022-05-09 | Common Shares, $.0011 par value per share (3000) | Direct |
Footnotes
F1: In connection with the exercise of the share appreciation rights award described in Table II, 904 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 2,096 common shares.
F2: The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on May 9, 2013 and the next two installments on May 9, 2014 and May 9, 2015, subject to the applicable award agreement.
F3: Represents a weighted average sale price; the sales prices range from $43.18 to $43.33. Upon request, the full information regarding the number of shares sold at each separate price within the range will be provided to the issuer, any security holder of the issuer or the staff of the Securities Exchange Commission