SEC Form 4 · accession 0001179110-15-003877
ARCH CAPITAL GROUP LTD. · ACGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Constantine Iordanou
Officer — Chairman, President & CEO · Director
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 2:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000947484
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares, $.0033 par value per share | Jan 8, 2015 | G | 100 | $0.00 | D | 408,126 | D | |
| Common shares, $.0033 par value per share | Jan 14, 2015 | G | 50 | $0.00 | D | 408,076 | D | |
| Common Shares, $.0033 par value per shareF1 | Mar 2, 2015 | S | 100,000 | $59.3127 | D | 308,076 | D | |
| Common Shares, $.0033 par value per share | Mar 3, 2015 | G | 838 | $0.00 | D | 307,238 | D | |
| Common Shares, $.0033 par value per share | holding | — | — | — | 83,333 | I | By Limited Liability Company | |
| Common Shares, $.0033 par value per share | holding | — | — | — | 116,613 | I | By Limited Liability Company | |
| Common Shares, $.0033 par value per share | holding | — | — | — | 11,616 | I | By child | |
| Series C Non-Cumulative Preferred Shares (non-convertible) | holding | — | — | — | 6,000 | D | ||
| Series C Non-Cumulative Preferred Shares (non-convertible) | holding | — | — | — | 1,800 | I | By spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Appreciation Right | $59.16 | Feb 27, 2015 | A | 149,556 | A | Feb 27, 2015 | Feb 27, 2025 | Common Shares, $.0033 par value per share | 149,556 | 149,556 | D |
Explanation of responses
- F1Represents a weighted average sales price; the sales prices range from $59.25 to $59.61. 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.
- F2The shares were sold in order to satisfy state and federal income tax obligations.