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

Role
CEO, GLOBAL MORTGAGE GROUP
Signature
/s/ David Gansberg
Stock symbol
ACGL
Transactions as of
Nov 2, 2022
Transactions value $
-$804,783
Form type
4
Date filed
11/4/2022, 07:20 PM
Previous filing
Mar 11, 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 $132K +7.4K +4.28% $17.84 180K Nov 2, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$258K -4.59K -2.55% $56.22 176K Nov 2, 2022 Direct F1
transaction ACGL Common Shares, $.0011 par value per share Options Exercise $514K +29.1K +16.56% $17.68 205K Nov 2, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$1.01M -18K -8.8% $56.22 187K Nov 2, 2022 Direct F2
transaction ACGL Common Shares, $.0011 par value per share Options Exercise $209K +11K +5.87% $19.09 198K Nov 2, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$390K -6.93K -3.51% $56.22 191K Nov 2, 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 -7.4K -100% $0.00* 0 Nov 2, 2022 Common Shares, $.0011 par value per share 7.4K $17.84 Direct F4
transaction ACGL Share Appreciation Right Options Exercise $0 -29.1K -100% $0.00* 0 Nov 2, 2022 Common Shares, $.0011 par value per share 29.1K $17.68 Direct F5
transaction ACGL Share Appreciation Right Options Exercise $0 -11K -100% $0.00* 0 Nov 2, 2022 Common Shares, $.0011 par value per share 11K $19.09 Direct F6
* 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, 4,591 common shares were disposed of in satisfaction of the exercise price and taxes due. The reporting person received a net issuance of 2,804 common shares.
F2 In connection with the exercise of the share appreciation rights award described in Table II, 17,998 common shares were disposed of in satisfaction of the exercise price and taxes due. The reporting person received a net issuance of 11,072 common shares.
F3 In connection with the exercise of the share appreciation rights award described in Table II, 4,591 common shares were disposed of in satisfaction of the exercise price and taxes due. The reporting person received a net issuance of 2,804 common shares.
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.
F5 The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on February 4, 2015 and the next two installments on February 4, 2016 and February 4, 2017 subject to the applicable award agreement.
F6 The share appreciation right became exercisable in three equal annual installments, with the first installment becoming exercisable on May 13, 2015 and the next two installments on May 13, 2016 and May 13, 2017, subject to the applicable award agreement