SEC Form 4 · accession 0001179110-18-005575
ARCH CAPITAL GROUP LTD. · ACGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Grandisson
Officer — President & CEO
Period of report
Apr 9, 2018
Accepted (ET)
Apr 11, 2018 · 4:15 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 | holding | — | — | — | 608,762 | I | See footnote | |
| Common Shares, $.0033 par value per share | holding | — | — | — | 660 | 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)F1 | $80.37 | Apr 9, 2018 | A | 205,428 | A | — | Apr 9, 2028 | Common Shares, $.0033 par value per share | 205,428 | 205,428 | D |
Explanation of responses
- F1The stock option will become exercisable in three equal annual installments, with the first installment becoming exercisable on April 9, 2019 and the next two installments on April 9, 2020 and April 9, 2021, subject to the applicable award agreement.
- F2The reporting person previously reported direct beneficial ownership of such common shares. The reporting person holds such common shares indirectly with his spouse.