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
  1. 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.
  2. The share appreciation right became exercisable in three equal annual installments commencing May 6, 2010, subject to the applicable award agreement.
  3. 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.
  4. The share appreciation right became exercisable in three equal annual installments commencing May 9, 2009, subject to the applicable award agreement.
  5. The share appreciation right became exercisable in three equal annual installments commencing May 5, 2011, subject to the applicable award agreement.
  6. 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.
  7. 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.
  8. 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.
  9. The shares were sold to satisfy state and federal income tax obligations.
  10. 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.