Francois Morin - Nov 16, 2021 Form 4 Insider Report for ARCH CAPITAL GROUP LTD. (ACGL)

Signature
/s/ Francois Morin
Stock symbol
ACGL
Transactions as of
Nov 16, 2021
Transactions value $
-$732,969
Form type
4
Date filed
11/18/2021, 03:10 PM
Previous filing
Aug 24, 2021
Next filing
Feb 23, 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 Sale -$733K -17K -9.45% $43.24 162K Nov 16, 2021 Direct F3
transaction ACGL Common Shares, $.0011 par value per share Options Exercise $38.6K +3K +1.85% $12.86 165K Nov 16, 2021 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$38.6K -904 -0.55% $42.69 165K Nov 16, 2021 Direct F1

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 -3K -47.62% $0.00 3.3K Nov 16, 2021 Common Shares, $.0011 par value per share 3K $12.86 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, 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