Marc Grandisson - Oct 28, 2022 Form 4 Insider Report for ARCH CAPITAL GROUP LTD. (ACGL)

Role
CEO, Director
Signature
/s/ Marc Grandisson
Stock symbol
ACGL
Transactions as of
Oct 28, 2022
Transactions value $
-$54
Form type
4
Date filed
11/1/2022, 06:43 PM
Previous filing
May 10, 2022
Next filing
Nov 4, 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 Gift $0 -54.3K -48.29% $0.00 58.1K May 23, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Gift $0 +54.3K +2.43% $0.00 2.29M May 23, 2022 By Company F1
transaction ACGL Common Shares, $.0011 par value per share Options Exercise $1.43M +101K +173.43% $14.22 159K Oct 28, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$1.43M -25.3K -15.91% $56.68 134K Oct 28, 2022 Direct F2
transaction ACGL Common Shares, $.0011 par value per share Gift $0 -75.5K -56.51% $0.00 58.1K Nov 1, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Gift $0 +75.5K +3.3% $0.00 2.36M Nov 1, 2022 By Company

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 -101K -100% $0.00* 0 Oct 28, 2022 Common Shares, $.0011 par value per share 101K $14.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The company is 100% owned by the reporting person.
F2 In connection with the exercise of the share appreciation rights award described in Table II, 25,284 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 75,516 common shares.
F3 The share appreciation right became exercisable in three equal annual installments, with the first installment becoming exercisable on November 12, 2013 and the next two installments on November 12, 2014 and November 12, 2015, subject to the applicable award agreement.