SEC Form 4 · accession 0001179110-17-004363
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
Mar 9, 2017
Accepted (ET)
Mar 10, 2017 · 8:50 am 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 | Mar 9, 2017 | S | 13,000 | $94.4272 | D | 187,156 | 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 $94.16 to $94.57. 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.