Francois Morin - Feb 16, 2023 Form 4 Insider Report for ARCH CAPITAL GROUP LTD. (ACGL)

Signature
/s/ Francois Morin
Stock symbol
ACGL
Transactions as of
Feb 16, 2023
Transactions value $
-$1,069,212
Form type
4
Date filed
2/21/2023, 07:31 PM
Previous filing
Aug 12, 2022
Next filing
Feb 28, 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 $101K +5.66K +2.92% $17.84 200K Feb 16, 2023 Direct
transaction ACGL Common Shares, $.0011 par value per share Options Exercise $90.9K +5.03K +2.52% $18.09 205K Feb 16, 2023 Direct
transaction ACGL Common Shares, $.0011 par value per share Tax liability -$192K -2.86K -1.4% $67.10 202K Feb 16, 2023 Direct F1
transaction ACGL Common Shares, $.0011 par value per share Sale -$1.07M -15.8K -7.84% $67.61 186K Feb 21, 2023 Direct F2

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 -5.66K -100% $0.00* 0 Feb 16, 2023 Common Shares, $.0011 par value per share 5.66K $17.84 Direct F3
transaction ACGL Share Appreciation Right Options Exercise $0 -5.03K -100% $0.00* 0 Feb 16, 2023 Common Shares, $.0011 par value per share 5.03K $18.09 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, 2,859 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 7,821 common shares.
F2 Represents a weighted average sale price; the sales prices ranged from $67.415 to $67.75. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission or a security holder of the issuer.
F3 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.
F4 The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on July 25, 2014 and the next two installments on July 25, 2015 and July 25, 2016, subject to the applicable award agreement. 2.