Filing Details
- Accession Number:
- 0001179110-16-028814
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-08-18 13:28:52
- Reporting Period:
- 2016-08-17
- Filing Date:
- 2016-08-18
- Accepted Time:
- 2016-08-18 13:28:52
- 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 |
|---|---|---|---|---|---|---|---|
| 1359049 | Donald Mark Lyons | C/O Arch Capital Group Ltd. 100 Pitts Bay Road, Ground Floor Pembroke D0 HM 08 | Evp,Cfo & Treasurer | No | 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 | Acquisiton | 2016-08-17 | 3,000 | $23.10 | 201,830 | No | 4 | M | Direct | |
| Common Shares, $.0033 Par Value Per Share | Acquisiton | 2016-08-17 | 5,000 | $19.29 | 206,830 | No | 4 | M | Direct | |
| Common Shares, $.0033 Par Value Per Share | Acquisiton | 2016-08-17 | 5,000 | $25.01 | 211,830 | No | 4 | M | Direct | |
| Common Shares, $.0033 Par Value Per Share | Disposition | 2016-08-17 | 8,188 | $0.00 | 203,642 | No | 4 | F | Direct | |
| Common Shares, $.0033 Par Value Per Share | Disposition | 2016-08-17 | 8,500 | $80.16 | 195,142 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | 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 | Share Appreciation Right | Disposition | 2016-08-17 | 3,000 | $0.00 | 3,000 | $23.10 |
| Common Shares, $.0033 Par Value Per Share | Share Appreciation Right | Disposition | 2016-08-17 | 5,000 | $0.00 | 5,000 | $19.29 |
| Common Shares, $.0033 Par Value Per Share | Share Appreciation Right | Disposition | 2016-08-17 | 5,000 | $0.00 | 5,000 | $25.01 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 5,050 | 2018-05-09 | No | 4 | M | Direct | |
| 1,800 | 2019-05-06 | No | 4 | M | Direct | |
| 10,000 | 2020-05-05 | No | 4 | M | Direct |
Footnotes
- 86,722 of such amount will settle in Issuer's common shares upon the termination of the Reporting Person's employment, as specifically provided in the award agreements.
- The share appreciation right became exercisable in three equal annual installments commencing May 6, 2010, subject to the applicable award agreement.
- The share appreciation right became exercisable in three equal annual installments commencing May 5, 2011, subject to the applicable award agreement.
- The share appreciation right became exercisable in three equal annual installments commencing May 9, 2009, subject to the applicable award agreement.
- Represents a weighted average sales price; the sales prices range from $80.1360 to $80.26. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission or to the security holder of the issuer.
- In connection with the partial exercise of the three share appreciation rights awards as described in Table II, 4,545 common shares were withheld for taxes at a tax price of $79.84 per share. In addition, 3,643 common shares were disposed in satisfaction of the exercise price (see Table II). The reporting person received a net issuance of 4,812 common shares.
- A portion of the proceeds will be used to satisfy state and federal tax obligations.
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