Marc Grandisson - Nov 2, 2022 Form 4 Insider Report for ARCH CAPITAL GROUP LTD. (ACGL)

Role
CEO, Director
Signature
/s/ Marc Grandisson
Stock symbol
ACGL
Transactions as of
Nov 2, 2022
Transactions value $
-$53
Form type
4
Date filed
11/4/2022, 06:01 PM
Previous filing
Nov 1, 2022
Next filing
Nov 14, 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 $947K +53.1K +91.36% $17.84 111K Nov 2, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$948K -16.9K -15.15% $56.22 94.4K Nov 2, 2022 Direct F1
holding ACGL Common Shares, $.0011 par value per share 2.36M Nov 2, 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 -53.1K -100% $0.00* 0 Nov 2, 2022 Common Shares, $.0011 par value per share 53.1K $17.84 Direct F2
* 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, 16,854 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 36,246 common shares
F2 The share appreciation right became exercisable in three equal annual installments, with the first installment becoming exercisable on May 9, 2014 and the next two installments on May 9, 2015 and May 9, 2016, subject to the applicable award agreement.