SEC Form 4 · accession 0001179110-18-006630
ARCH CAPITAL GROUP LTD. · ACGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Constantine Iordanou
Officer — Chairman · Director
Period of report
May 9, 2018
Accepted (ET)
May 11, 2018 · 2:55 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 | May 9, 2018 | A | 7,917 | — | A | 154,995 | D | |
| Common Shares, $.0033 par value per share | holding | — | — | — | 201,676 | I | By 2015 GRAT | |
| Common Shares, $.0033 par value per share | holding | — | — | — | 3,297 | I | By Limited Liability Company | |
| Depositary SharesF3 | holding | — | — | — | 7,000 | D | ||
| Depositary SharesF3 | holding | — | — | — | 3,000 | 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)F2 | $79.38 | May 9, 2018 | A | 7,917 | A | — | May 9, 2028 | Common Shares, $.0033 par value per share | 7,917 | 7,917 | D |
Explanation of responses
- F1Subject to the terms of the restricted share agreement, represents restricted shares that will vest in two equal annual installments on May 9, 2019 and May 9, 2020 respectively.
- F2The stock option will become exercisable in two equal annual installments, with the first installment becoming exercisable on May 9, 2019 and the second installment on May 9, 2020, subject to the applicable award agreement.
- F3Each Depositary Share Represents 1/1,000th interest in a Series F Non-Cumulative Preferred Share.