David Gansberg - Feb 15, 2022 Form 4 Insider Report for ARCH CAPITAL GROUP LTD. (ACGL)

Role
CEO, Global Mortgage Group
Signature
/s/ David Gansberg
Stock symbol
ACGL
Transactions as of
Feb 15, 2022
Transactions value $
-$289,430
Form type
4
Date filed
2/17/2022, 04:03 PM
Previous filing
May 13, 2021
Next filing
Mar 1, 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 $127K +9.9K +7.06% $12.86 150K Feb 15, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Options Exercise $267K +18.8K +12.53% $14.22 169K Feb 15, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$684K -14.3K -8.49% $47.68 155K Feb 15, 2022 Direct F3

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 -9.9K -100% $0.00* 0 Feb 15, 2022 Common Shares, $.0011 par value per share 9.9K $12.86 Direct F1
transaction ACGL Share Appreciation Right Options Exercise $0 -18.8K -100% $0.00* 0 Feb 15, 2022 Common Shares, $.0011 par value per share 18.8K $14.22 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The share appreciation right became exercisable in three equal annual installments; the first installment became 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 In connection with the exercise of the two share appreciation right awards described in Table II, 14,349 common shares were disposed of in satisfaction of the exercise prices and taxes. The reporting person received a net issuance of 14,361 common shares.