SEC Form 4 · accession 0001179110-18-006629
ARCH CAPITAL GROUP LTD. · ACGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John M Pasquesi
Director · Other
Period of report
May 9, 2018
Accepted (ET)
May 11, 2018 · 2:50 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 shareF1 | Feb 27, 2018 | G | 230,000 | $0.00 | D | 407,231 | I | By Limited Liability Company |
| Common Shares, $.0033 par value per shareF2 | Feb 27, 2018 | G | 230,000 | $0.00 | A | 276,382 | I | By Trust |
| Common Shares, $.0033 par value per shareF2 | Feb 27, 2018 | G | 230,000 | $0.00 | D | 46,382 | I | By Trust |
| Common Shares, $.0033 par value per share | Feb 27, 2018 | G | 230,000 | $0.00 | A | 230,000 | I | By GRAT |
| Common Shares, $.0033 par value per shareF4,F6,F2 | May 9, 2018 | A | 1,574 | — | A | 48,727 | I | By Trust |
| Common Shares, $.0033 par value per shareF5 | May 9, 2018 | A | 1,196 | — | A | 1,196 | D | |
| Common Shares, $.0033 par value per shareF2 | holding | — | — | — | 509,227 | I | By Trust | |
| Common Shares, $.0033 par value per share | holding | — | — | — | 477,412 | I | By Trusts | |
| Common Shares, $.0033 par value per share | holding | — | — | — | 52,515 | I | Family limited partnership |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The security holder is Otter Capital LLC, for which the reporting person serves as managing member. All indicated securities are included because of his affiliation with Otter Capital LLC.
- F2The common shares are held by a revocable trust. The reporting person and his spouse are the trustees and the beneficiaries.
- F3On February 27, 2018, Otter Capital LLC contributed 230,000 common shares of the issuer to a revocable trust, for which the reporting person and his spouse are the trustees and the beneficiaries. The revocable trust then contributed the 230,000 common shares to a Grantor Retained Annuity Trust, for which the reporting person is the trustee.
- F4Represents shares granted as part of the director-elected retainer for serving as a director of the Issuer. Upon grant, the reporting person contributed such shares to a revocable trust. The reporting person and his spouse are the trustees and the beneficiaries.
- F5Subject to the terms of the restricted share agreement, represents restricted shares that will vest on May 1, 2019.
- F6The common shares are held by a revocable trust. The reporting person and his spouse are the trustees and the beneficiaries. Amount includes 771 common shares that were previously reported as directly owned by the reporting person and were contributed to the trust on May 9, 2018.