SEC Form 4 · accession 0001179110-18-006789
ARCH CAPITAL GROUP LTD. · ACGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis T Petrillo
Officer — Officer of Subsidiary
Period of report
May 11, 2018
Accepted (ET)
May 15, 2018 · 9:56 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 shareF1 | May 11, 2018 | A | 1,749 | — | A | 43,887 | D | |
| Common Shares, $.0033 par value per share | May 13, 2018 | F | 2,168 | $79.65 | D | 41,719 | 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)F2 | $79.65 | May 11, 2018 | A | 7,806 | A | — | May 11, 2028 | Common Shares, $.0033 par value per share | 7,806 | 7,806 | D |
Explanation of responses
- F1Represents restricted shares that vest in three equal annual installments, commencing May 11, 2019, and the next two installments on May 11, 2020 and May 11, 2021, subject to the applicable award agreement.
- F2The stock option becomes exercisable in three equal annual installments commencing May 11, 2019, and the next two installments on May 11, 2020 and May 11, 2021, subject to the applicable award agreement.
- F3Represents shares withheld to pay taxes due upon vesting of restricted shares.