SEC Form 4 · accession 0001179110-18-006439
ARCH CAPITAL GROUP LTD. · ACGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D Vollaro
Director
Period of report
May 7, 2018
Accepted (ET)
May 9, 2018 · 10:24 am 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 | May 7, 2018 | M | 36,000 | $23.10 | A | 36,000 | D | |
| Common Shares, $.0033 par value per share | May 7, 2018 | F | 10,510 | $79.13 | D | 25,490 | D | |
| Common Shares, $.0033 par value per shareF4 | May 7, 2018 | G | 25,490 | $0.00 | D | 0 | D | |
| Common Shares, $.0033 par value per shareF4,F1 | May 7, 2018 | G | 25,490 | $0.00 | A | 143,506 | I | by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Appreciation RightF3 | $23.10 | May 7, 2018 | M | 36,000 | D | — | May 9, 2018 | Common Shares, $.0033 par value per share | 36,000 | 0 | D |
Explanation of responses
- F1Such common shares are held by a revocable trust for which the reporting person serves as trustee.
- F2In connection with the exercise of a share appreciation right as described in Table II, 10,510 shares were disposed of in satisfaction of the exercise price; 25,490 net shares were issued.
- F3The share appreciation right became exercisable in three equal installments, with the first installment exercisable on May 9, 2009 and the second and third installments exercisable on May 9, 2010 and May 9, 2011, subject to the applicable award agreement.
- F4On May 7, 2018, the reporting person contributed such shares to a revocable trust for which he serves as trustee.