Francois Morin - 18 Feb 2022 Form 4 Insider Report for ARCH CAPITAL GROUP LTD. (ACGL)

Role
EVP and CFO
Signature
/s/ Francois Morin
Issuer symbol
ACGL
Transactions as of
18 Feb 2022
Net transactions value
-$83.7
Form type
4
Filing time
23 Feb 2022, 15:14:21 UTC
Previous filing
18 Nov 2021
Next filing
28 Feb 2022
SEC
View on sec.gov

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 $42,438 +3,300 +2% $12.86 167,875 18 Feb 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Options Exercise $71,084 +5,000 +3% $14.22 172,875 18 Feb 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability $113,605 -2,412 -1.4% $47.10 170,463 18 Feb 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 -3,300 -100% $0.000000* 0 18 Feb 2022 Common Shares, $.0011 par value per share 3,300 $12.86 Direct F1
transaction ACGL Share Appreciation Right Options Exercise $0 -5,000 -30% $0.000000 11,500 18 Feb 2022 Common Shares, $.0011 par value per share 5,000 $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 share appreciation rights award described in Table II, 2,412 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 5,888 common shares.