SEC Form 5 · accession 0001179110-16-019053

ARCH CAPITAL GROUP LTD. · ACGL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Constantine Iordanou

Officer — Chairman & CEO · Director

Period of report

Dec 31, 2015

Accepted (ET)

Feb 12, 2016 · 12:37 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000947484

Table I — non-derivative securities

Security	Date	Code	Shares	A/D	Owned after	D/I	Nature of ownership
Common Shares, $.0033 par value per share	holding	—	—	—	243,025	D
Common Shares, $.0033 par value per share	holding	—	—	—	120,000	I	By 2015 GRAT
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
Stock Option (right to buy)^F2,F1	$18.757	Dec 31, 2015	G	10,524	D	—	Feb 23, 2016	Common Shares, $.0033 par value per share	10,524	217,833	I
Stock Option (right to buy)^F3,F1	$18.757	Dec 31, 2015	G	58,730	D	—	Feb 23, 2016	Common Shares, $.0033 par value per share	58,730	0	I
Stock Option (right to buy)^F4,F1	$18.757	Dec 31, 2015	G	40,813	D	—	Feb 23, 2006	Common Shares, $.0033 par value per share	40,813	112,240	I
Stock Option (right to buy)^F5,F1	$18.757	Dec 31, 2015	G	110,067	A	—	Feb 23, 2016	Common Shares, $.0033 par value per share	110,067	119,927	D
Share Appreciation Right^F7,F6	$19.293	Dec 31, 2015	G	66,216	D	—	May 6, 2019	Common Shares, $.0033 par value per share	66,216	27,084	I
Share Appreciation Right^F7,F6	$19.293	Dec 31, 2015	G	66,216	A	—	May 6, 2019	Common Shares, $.0033 par value per share	66,216	66,216	D

Explanation of responses

F1The stock option became exercisable in three equal annual installments with the first installment being exercisable on February 23, 2007 and the second and third installments being exercisable on February 23, 2008 and February 23, 2009.
F2On December 31, 2015, 10,524 stock options were distributed from the 2010 GRAT. Such options were previously reported as indirectly beneficially held by the 2010 GRAT. Following such distribution, the 2010 GRAT indirectly owns 217,833 stock options.
F3On December 31, 2015, 58,730 stock options were distributed from the 2014 GRAT. Such options were previously reported as indirectly beneficially held by the 2014 GRAT. Following such distribution, 0 stock options are indirectly owned by the 2014 GRAT.
F4On December 31, 2015, 40,813 stock options were distributed from the 2015 GRAT. Such options were previously reported as indirectly beneficially held by the 2015 GRAT. Following such distribution, 112,240 stock options are indirectly owned by the 2015 GRAT.
F5Following the distributions described in Footnotes 2, 3, and 4, the reporting person owns 119,927 stock options directly.
F6The share appreciation right became exercisable in three equal annual installments with the first installment being exercisable on May 6, 2010 and the second and third installments being exercisable on May 6, 2011 and May 6, 2012.
F7On December 31, 2015, 66,216 share appreciation rights (SARs) were distributed from the 2014 GRAT. Such SARs were previously reported as indirectly beneficially held by the 2014 GRAT. Following such distribution, the 2014 GRAT indirectly owns 27,084 SARs and the reporting person owns 66,216 SARs directly.