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ARCH CAPITAL GROUP LTD. — Director's Dealing 2023
Feb 22, 2023
30115_dirs_2023-02-21_d637067b-1729-4897-bc5e-d9b0bedf5adc.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: 2023-02-16
Reporting Person: Morin Francois (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-16 | Common Shares, $.0011 par value per share | M | 5655 | $17.8433 | Acquired | 199517 | Direct |
| 2023-02-16 | Common Shares, $.0011 par value per share | M | 5025 | $18.0933 | Acquired | 204542 | Direct |
| 2023-02-16 | Common Shares, $.0011 par value per share | F | 2859 | $67.10 | Disposed | 201683 | Direct |
| 2023-02-21 | Common Shares, $.0011 par value per share | S | 15814 | $67.6107 | Disposed | 185869 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-16 | Share Appreciation Right | $17.8433 | M | 5655 | Disposed | 2023-05-09 | Common Shares, $.0011 par value per share (5655) | Direct |
| 2023-02-16 | Share Appreciation Right | $18.0933 | M | 5025 | Disposed | 2023-07-25 | Common Shares, $.0011 par value per share (5025) | Direct |
Footnotes
F1: In connection with the exercise of the share appreciation rights award described in Table II, 2,859 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 7,821 common shares.
F2: Represents a weighted average sale price; the sales prices ranged from $67.415 to $67.75. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission or a security holder of the issuer.
F3: The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on May 9, 2014 and the next two installments on May 9, 2015 and May 9, 2016, subject to the applicable award agreement.
F4: The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on July 25, 2014 and the next two installments on July 25, 2015 and July 25, 2016, subject to the applicable award agreement.
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