Marc Grandisson - May 5, 2021 Form 4 Insider Report for ARCH CAPITAL GROUP LTD. (ACGL)

Role
CEO, Director
Signature
/s/ Marc Grandisson
Stock symbol
ACGL
Transactions as of
May 5, 2021
Transactions value $
-$21
Form type
4
Date filed
5/7/2021, 04:20 PM
Next filing
Jan 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction ACGL Common Shares, $.0011 par value per share +Options Exercise $406,955 +36,000 +1.73% $11.30 2,113,646 May 5, 2021 Direct
transaction ACGL Common Shares, $.0011 par value per share -Tax liability -$406,964 -10,126 -0.48% $40.19 2,103,520 May 5, 2021 Direct F2
transaction ACGL Common Shares, $.0011 par value per share +Options Exercise $406,955 +36,000 +1.71% $11.30 2,139,520 May 6, 2021 Direct
transaction ACGL Common Shares, $.0011 par value per share -Tax liability -$406,966 -10,233 -0.48% $39.77 2,129,287 May 6, 2021 Direct F3
holding ACGL Common Shares, $.0011 par value per share 1,980 May 5, 2021 By spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ACGL Share Appreciation Right -Options Exercise $0 -36,000 -50% $0.00 36,000 May 5, 2021 Common Shares, $.0011 par value per share 36,000 $11.30 Direct F1
transaction ACGL Share Appreciation Right -Options Exercise $0 -36,000 -100% $0.00 0 May 6, 2021 Common Shares, $.0011 par value per share 36,000 $11.30 Direct F1

Explanation of Responses:

Id Content
F1 The share appreciation right became exercisable in three equal annual installments, with the first installment becoming exercisable on May 6, 2012 and the next two installments on May 6, 2013 and May 6, 2014, subject to the applicable award agreement.
F2 In connection with the exercise of the share appreciation rights award described in Table II, 10,126 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 25,874 common shares.
F3 In connection with the exercise of the share appreciation rights award described in Table II, 10,233 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 25,767 common shares.