SEC Form 4 · accession 0001179110-17-012561
ARCH CAPITAL GROUP LTD. · ACGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicolas Papadopoulo
Other
Period of report
Sep 19, 2017
Accepted (ET)
Sep 21, 2017 · 3:59 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 share | Sep 19, 2017 | A | 5,000 | $0.00 | A | 187,035 | D | |
| Common Shares, $.0033 par value per shareF2 | Sep 19, 2017 | A | 15,000 | — | A | 202,035 | D |
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)F1 | $96.39 | Sep 19, 2017 | A | 50,000 | A | — | Sep 19, 2027 | Common Shares, $.0033 par value per share | 50,000 | 50,000 | D |
Explanation of responses
- F1The Stock Options will vest one-fourth on each of the grant date and the next three anniversaries of the date of grant, provided that no option will be exercisable until the first anniversary of the date of grant, subject to the applicable award agreement.
- F2Represents restricted shares that vest in three equal annual installments, commencing on September 19, 2018 and the next two installments on September 19, 2019 and September 19, 2020, subject to the applicable award agreement.