Maamoun Rajeh - Nov 9, 2021 Form 4 Insider Report for ARCH CAPITAL GROUP LTD. (ACGL)

Role
Chairman & CEO Arch Re Group
Signature
/s/ Maamoun Rajeh
Stock symbol
ACGL
Transactions as of
Nov 9, 2021
Transactions value $
-$1,349,689
Form type
4
Date filed
11/12/2021, 03:38 PM
Previous filing
Jul 2, 2021
Next filing
Feb 28, 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 $688K +48.4K +13.24% $14.22 414K Nov 9, 2021 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$688K -16.4K -3.95% $42.02 398K Nov 9, 2021 Direct F1, F3
transaction ACGL Common Shares, $.0011 par value per share Sale -$1.35M -32K -8.04% $42.15 366K Nov 12, 2021 Direct F4

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 -48.4K -100% $0.00* 0 Nov 9, 2021 Common Shares, $.0011 par value per share 48.4K $14.22 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the exercise of the share appreciation rights award described in Table II, 16,372 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 32,018 common shares.
F2 The share appreciation right became exercisable in three equal annual installments, with the first installment becoming exercisable on November 12, 2013 and the next two installments on November 12, 2014 and November 12, 2015, subject to the applicable award agreement.
F3 Amount includes 765 common shares acquired on May 31, 2021 under the Arch Capital Group Ltd. Employee Share Purchase Plan.
F4 Represents a weighted average purchase price; the purchases prices ranged from $42.13 to $42.18. Upon request, the full purchase information regarding the number of shares purchased at each price increment will be provided to the Commission or a security holder of the issuer.