Louis Petrillo - Aug 11, 2022 Form 4 Insider Report for ARCH CAPITAL GROUP LTD. (ACGL)

Role
OFFICER OF SUBSIDIARY
Signature
/s/ Louis Petrillo
Stock symbol
ACGL
Transactions as of
Aug 11, 2022
Transactions value $
-$1,457,149
Form type
4
Date filed
8/15/2022, 07:21 PM
Previous filing
Mar 11, 2022
Next filing
Feb 13, 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 $455K +25.5K +21.02% $17.84 147K Aug 11, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$821K -17.9K -12.17% $45.98 129K Aug 11, 2022 Direct F1
transaction ACGL Common Shares, $.0011 par value per share Sale -$357K -7.64K -5.92% $46.68 121K Aug 15, 2022 Direct F2
transaction ACGL Common Shares, $.0011 par value per share Sale -$734K -16K -13.21% $45.83 105K Aug 11, 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 -25.5K -100% $0.00* 0 Aug 11, 2022 Common Shares, $.0011 par value per share 25.5K $17.84 Direct F4
* 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, 17,862 common shares were disposed of in satisfaction of the exercise price and taxes. The reporting person received a net issuance of 7,638 common shares.
F2 Represents a weighted average sale price; the sales prices range from $46.61 to $46.715. 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 Represents a weighted average sale price; the sales prices range from $45.725 to $45.905. 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
F4 The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on May 9, 2014 and the next two installments on May 9, 2015 and May 9, 2016 subject to the applicable award agreement.