SEC Form 4 · accession 0001179110-16-032367
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
Dec 2, 2016
Accepted (ET)
Dec 5, 2016 · 3:46 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 shareF2,F1 | Dec 2, 2016 | S | 6,100 | $83.1353 | D | 188,632 | D |
Table II — derivative securities
No Table II lines on this filing.
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.
- F2Represents a weighted average sales price; the sales prices range from $83.00 to $83.52. 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.
- F3A portion of the proceeds will be used to satisfy state and federal tax obligations.