Filing Details
- Accession Number:
- 0001179110-13-016697
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2013-11-18 17:43:53
- Reporting Period:
- 2013-11-08
- Filing Date:
- 2013-11-18
- Accepted Time:
- 2013-11-18 17:43:53
- Original Submission Date:
- 2013-11-12
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
947484 | Arch Capital Group Ltd. | ACGL | Fire, Marine & Casualty Insurance (6331) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1227102 | Constantine Iordanou | Waterloo House, Ground Floor 100 Pitts Bay Road Pembroke D0 HM 08 | Chairman, President & Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Shares, $.0033 Par Value Per Share | Disposition | 2013-09-12 | 100 | $0.00 | 455,555 | No | 5 | G | Direct | |
Common Shares, $.0033 Par Value Per Share | Disposition | 2013-11-08 | 15,000 | $58.33 | 440,555 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 5 | G | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Shares, $.0033 Par Value Per Share | Stock Appreciation Right | Disposition | 2013-10-28 | 30,962 | $0.00 | 30,962 | $19.29 |
Common Shares, $.0033 Par Value Per Share | Stock Appreciation Right | Acquisiton | 2013-10-28 | 30,962 | $0.00 | 30,962 | $19.29 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
21,521 | 2019-05-06 | No | 5 | G | Indirect | |
93,229 | 2019-05-06 | No | 5 | G | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Shares, $.0033 Par Value Per Share | 83,333 | Indirect | By Limited Liability Company |
Common Shares, $.0033 Par Value Per Share | 116,613 | Indirect | By Limited Liability Company |
Common Shares, $.0033 Par Value Per Share | 11,616 | Indirect | By child |
Series C Non-Cumulative Preferred Shares (Non-Convertible) | 6,000 | Direct | |
Series C Non-Cumulative Preferred Shares (Non-Convertible) | 1,800 | Indirect | By spouse |
Footnotes
- Represents a bona fide gift.
- Represents a weighted average sales price; the sales prices range from $58.30 to $58.43. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission or to a security holder of the issuer.
- The share appreciation right became exercisable in three equal annual installments on May 6, 2010, May 6, 2011 and May 6, 2012.
- On October 28, 2013, 30,962 share appreciation rights (SARs) were distributed from the GRAT. Such SARs were previously reported as indirectly beneficially held by the GRAT. Following such distribution, the reporting person owns 93,229 SARs and 21,521 SARs are indirectly owned by the GRAT.
- In the Form 4 filed on November 12, 2013, in addition to this sale, the reporting person also reported the sale of 26,000 shares by the 2005 GRAT. In a corrective Form 5 filing on November 18, 2013, the reporting person reported that the GRAT expired on November 23, 2012 and that the shares held by the GRAT were equally distributed to trusts for the benefit of the reporting person's three daughters for which the reporting person is not a trustee. Accordingly, the sale by the trust shares on November 8, 2013 was not required to be reported; this corrective filing removes the sale of the 26,000 common shares from the filing.