Marc Grandisson - Nov 9, 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 9, 2022
Transactions value $
-$40
Form type
4
Date filed
11/14/2022, 06:12 PM
Previous filing
Nov 4, 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 $916K +48K +50.86% $19.09 142K Nov 9, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$916K -15.9K -11.18% $57.56 126K Nov 9, 2022 Direct F1
transaction ACGL Common Shares, $.0011 par value per share Options Exercise $1.54M +81K +64.05% $19.03 207K Nov 9, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$1.54M -26.8K -12.91% $57.56 181K Nov 9, 2022 Direct F2
transaction ACGL Common Shares, $.0011 par value per share Gift $0 -36.2K -20.06% $0.00 144K Nov 8, 2022 Direct
transaction ACGL Common Shares, $.0011 par value per share Gift $0 +36.2K +1.53% $0.00 2.4M Nov 8, 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 -48K -100% $0.00* 0 Nov 9, 2022 Common Shares, $.0011 par value per share 48K $19.09 Direct F3
transaction ACGL Share Appreciation Right Options Exercise $0 -81K -100% $0.00* 0 Nov 9, 2022 Common Shares, $.0011 par value per share 81K $19.03 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, 15,920 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 32,080 common shares
F2 In connection with the exercise of the share appreciation rights award described in Table II, 26,772 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 54,219 common shares
F3 The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on May 13, 2015 and the next two installments on May 13, 2016 and May 13, 2017 subject to the applicable award agreement.
F4 The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on November 6, 2015 and the next two installments on November 6, 2016 and November 6, 2017 subject to the applicable award agreement.