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ARCH CAPITAL GROUP LTD. — Director's Dealing 2024
Mar 7, 2024
30115_dirs_2024-03-07_44c44c14-d6bb-4cd5-9e04-e37dd93ae237.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: 2024-03-05
Reporting Person: Morin Francois (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-05 | Common Shares, $.0011 par value per share | M | 4599 | $19.4267 | Acquired | 243802 | Direct |
| 2024-03-05 | Common Shares, $.0011 par value per share | M | 6000 | $19.09 | Acquired | 249802 | Direct |
| 2024-03-05 | Common Shares, $.0011 par value per share | F | 2334 | $87.39 | Disposed | 247468 | Direct |
| 2024-03-07 | Common Shares, $.0011 par value per share | S | 25689 | $87.4705 | Disposed | 221779 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-05 | Share Appreciation Right | $19.4267 | M | 4599 | Disposed | 2024-12-04 | Common Shares, $.0011 par value per share (4599) | Direct |
| 2024-03-05 | Share Appreciation Right | $19.09 | M | 6000 | Disposed | 2024-05-13 | Common Shares, $.0011 par value per share (6000) | Direct |
Footnotes
F1: In connection with the exercise of the share appreciation rights awards described in Table II, 2,334 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 8,265 common shares.
F2: Represents a weighted average sale price; the sales prices range from $87.31 to $87.64. 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.
F3: The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on December 4, 2015 and the next two installments on December 4, 2016 and December 4, 2017 subject to the applicable award agreement.
F4: The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on May 13, 2015 and the next two installments on May 13, 2016 and May 13, 2017 subject to the applicable award agreement.