SEC Form 4 · accession 0001179110-15-011656
ARCH CAPITAL GROUP LTD. · ACGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Donald Lyons
Officer — EVP,CFO & Treasurer
Period of report
Jul 31, 2015
Accepted (ET)
Aug 4, 2015 · 12:26 pm EDT
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 shareF1 | Jul 31, 2015 | M | 4,000 | $23.10 | A | 231,960 | D | |
| Common Shares, $.0033 par value per shareF1 | Jul 31, 2015 | M | 5,000 | $19.293 | A | 236,960 | D | |
| Common Shares, $.0033 par value per shareF1 | Jul 31, 2015 | M | 4,000 | $25.01 | A | 240,960 | D | |
| Common Shares, $.0033 par value per shareF1 | Jul 31, 2015 | F | 8,399 | $71.36 | D | 232,561 | D | |
| Common Shares, $.0033 par value per shareF1 | Jul 31, 2015 | S | 5,000 | $71.475 | D | 227,561 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Appreciation RightF3 | $23.10 | Jul 31, 2015 | M | 4,000 | D | — | May 9, 2018 | Common Shares, $.0033 par value per share | 4,000 | 21,050 | D |
| Share Appreciation RightF4 | $19.293 | Jul 31, 2015 | M | 5,000 | D | — | May 6, 2019 | Common Shares, $.0033 par value per share | 5,000 | 17,800 | D |
| Share Appreciation RightF5 | $25.01 | Jul 31, 2015 | M | 4,000 | D | — | May 5, 2020 | Common Shares, $.0033 par value per share | 4,000 | 20,000 | D |
Explanation of responses
- F186,722 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.
- F2A portion of the proceeds will be used to satisfy state and federal tax obligations.
- F3The share appreciation right became exercisable in three equal annual installments commencing May 9, 2009, subject to the applicable award agreement.
- F4The share appreciation right became exercisable in three equal annual installments commencing May 6, 2010, subject to the applicable award agreement.
- F5The share appreciation right became exercisable in three equal annual installments commencing May 5, 2011, subject to the applicable award agreement.