SEC Form 4 · accession 0001179110-16-028813
ARCH CAPITAL GROUP LTD. · ACGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David McElroy
Officer — Chairman & CEO Arch Insur Gr
Period of report
Aug 17, 2016
Accepted (ET)
Aug 18, 2016 · 1:17 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 shareF2,F1 | Aug 17, 2016 | S | 24,300 | $79.2568 | D | 68,280 | D | |
| Common Shares, $.0033 par value per shareF3,F1 | Aug 17, 2016 | S | 700 | $79.8643 | D | 67,580 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F160,850 of such amount will settle in Issuer's common shares upon the termination of the Reporting Person's employment, as specifically provided in the applicable award agreement. Amount includes 341 common shares that were acquired under the Arch Capital Group Ltd. Employee Share Purchase Plan on May 31, 2016.
- F2Represents a weighted average sales price; the sales prices range from $78.81 to $79.73. 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.
- F3Represents a weighted average sales price; the sales prices range from $79.81 to $80.01. 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.