Francois Morin - Aug 10, 2022 Form 4 Insider Report for ARCH CAPITAL GROUP LTD. (ACGL)

Role
EVP AND CFO
Signature
/s/ Francois Morin
Stock symbol
ACGL
Transactions as of
Aug 10, 2022
Transactions value $
-$955,697
Form type
4
Date filed
8/12/2022, 07:00 PM
Previous filing
Mar 15, 2022
Next filing
Feb 21, 2023

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 $163K +11.5K +5.69% $14.22 214K Aug 10, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$164K -3.62K -1.69% $45.23 210K Aug 10, 2022 Direct F1
transaction ACGL Common Shares, $.0011 par value per share Sale -$792K -16.9K -8.03% $46.92 193K Aug 12, 2022 Direct F2

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 Appreciate Right Options Exercise -$163K -11.5K -100% $14.22 0 Aug 10, 2022 Common Shares, $.0011 par value per share 11.5K $14.22 Direct F3
* 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, 3,615 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 7,885 common shares
F2 Represents a weighted average sale price; the sales prices range from $46.85 to $46.97. 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
F3 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.