ARCH CAPITAL GROUP LTD. - 01 Jul 2021 Form 4 Insider Report for Watford Holdings Ltd.

Reporting relationship: Prior to the transaction described in Table 1, Arch Reinsurance Ltd. was a 10% owner.
Issuer ticker: N/A
Reported as of: 01 Jul 2021
Net transaction value: -$71,372,000
SEC form: 4
Accepted by SEC: 06 Jul 2021, 16:52:24 UTC
Next SEC filing: 29 Oct 2021
Source filing: View source filing
Reporting owner signature: /s/ Francois Morin

Key filing fact

ARCH CAPITAL GROUP LTD. filed Form 4 for Watford Holdings Ltd. on 06 Jul 2021.

Key facts

This page summarizes ARCH CAPITAL GROUP LTD.'s Form 4 filing for Watford Holdings Ltd..
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 06 Jul 2021, 16:52.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$71,372,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WTRE transaction

Common Shares, $0.01 par value per share

Other

Transaction value: $71,372,000
Shares: -2,039,200
Change %: -100%
Price: $35.00
Shares after: 0
Date: 01 Jul 2021
Ownership: See Footnote 2
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

ARCH CAPITAL GROUP LTD. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

On July 1, 2021, in connection with the acquisition of Watford Holdings Ltd. (Watford) by Greysbridge Holdings Ltd. (Greysbridge Holdings), Arch Reinsurance Ltd. (ARL) transferred the 2,039,200 common shares of Watford owned by ARL to Greysbridge Holdings in a transaction valued at $35.00 per share. Following consummation of the acquisition and certain related transactions, Watford is a wholly owned subsidiary of Greysbridge Holdings and Arch Capital Group Ltd. indirectly owns 40% of Greysbridge Holdings.

Footnote F2

The reported securities were owned directly by Arch Reinsurance Ltd., a wholly owned subsidiary of Arch Capital Group Ltd.

SEC remarks

Prior to the transaction described in Table 1, Arch Reinsurance Ltd. was a 10% owner.