Filing Details
- Accession Number:
- 0001179110-17-011039
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-08-03 16:53:44
- Reporting Period:
- 2017-08-01
- Filing Date:
- 2017-08-03
- Accepted Time:
- 2017-08-03 16:53:44
- 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 | C/O Arch Capital Group Ltd. Waterloo House,100 Pitts Bay Road Pembroke D0 HM 08 | Chairman & 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 | 2017-06-07 | 228,862 | $0.00 | 0 | No | 5 | G | Indirect | By 2010 GRAT |
Common Shares, $.0033 Par Value Per Share | Acquisiton | 2017-08-01 | 64,750 | $19.29 | 171,901 | No | 4 | M | Direct | |
Common Shares, $.0033 Par Value Per Share | Disposition | 2017-08-01 | 12,801 | $97.59 | 159,100 | No | 4 | F | Direct | |
Common Shares, $.0033 Par Value Per Share | Disposition | 2017-08-02 | 1,400 | $98.02 | 157,700 | No | 4 | S | Direct | |
Common Shares, $.0033 Par Value Per Share | Disposition | 2017-08-03 | 48,600 | $97.87 | 109,100 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 5 | G | Indirect | By 2010 GRAT |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | 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 | 2017-08-01 | 64,750 | $0.00 | 64,750 | $19.29 |
Common Shares, $.0033 Par Value Per Share | Share Appreciation Right | Disposition | 2017-06-07 | 5,198 | $0.00 | 5,198 | $19.29 |
Common Shares, $.0033 Par Value Per Share | Share Appreciation Right | Acquisiton | 2017-06-07 | 5,198 | $0.00 | 5,198 | $19.29 |
Common Shares, $.0033 Par Value Per Share | Share Appreciation Right | Disposition | 2017-06-07 | 135,000 | $0.00 | 135,000 | $23.10 |
Common Shares, $.0033 Par Value Per Share | Share Appreciation Right | Disposition | 2017-06-07 | 9,290 | $0.00 | 9,290 | $19.29 |
Common Shares, $.0033 Par Value Per Share | Share Appreciation Right | Disposition | 2017-06-07 | 212,253 | $0.00 | 212,253 | $24.67 |
Common Shares, $.0033 Par Value Per Share | Share Appreciation Right | Disposition | 2017-06-07 | 126,000 | $0.00 | 126,000 | $25.01 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
40,710 | 2019-05-06 | No | 4 | M | Direct | |
9,290 | 2019-05-06 | No | 5 | G | Indirect | |
105,460 | 2019-05-06 | No | 5 | G | Direct | |
0 | 2018-05-09 | No | 5 | G | Indirect | |
0 | 2019-05-06 | No | 5 | G | Indirect | |
0 | 2010-02-25 | 2020-02-25 | No | 5 | G | Indirect |
0 | 2020-05-05 | No | 5 | G | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Shares, $.0033 Par Value Per Share | 201,676 | Indirect | By 2015 GRAT |
Common Shares, $.0033 Par Value Per Share | 3,297 | Indirect | By Limited Liability Company |
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
- On June 7, 2017, the 2010 GRAT expired. Per the terms of the 2010 GRAT, the trust property, including 228,862 common shares and 482,543 share appreciation rights, was equally distributed to trusts for the benefit of the reporting person's three daughters for which the reporting person is not the trustee.
- The share appreciation right became exercisable in three equal annual installments commencing May 6, 2010, subject to the applicable award agreement.
- Immediately prior to the distribution described in FN1 above, on June 7, 2017, 5,198 share appreciation rights (SARs) were distributed from the 2010 GRAT to the reporting person. Such SARs were previously reported as indirectly beneficially held by the 2010 GRAT. Following such distribution, the reporting person owns 105,460 SARs directly and 9,290 SARs indirectly by the 2010 GRAT.
- The share appreciation right became exercisable in three equal annual installments commencing May 9, 2009, 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.
- In connection with the partial exercise of the share appreciation rights award as described in Table II, 12,801 common shares were disposed of in satisfaction of the exercise price.
- Represents a weighted average sale price; the sales prices range from $98.00 to $98.04. 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.
- This form excludes the following common shares previously reported as indirectly owned by the reporting person because of ownership by his daughter, who is now an adult and no longer residing in the reporting person's household: 196,649 common shares held through two limited liability companies and 11,616 common shares owned directly by such daughter.
- The shares were sold to satisfy state and federal income tax obligations.
- Represents a weighted average sale price; the sales prices range from $97.75 to $98.03. 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.