SEC Form 4 · accession 0001179110-18-006797
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
May 11, 2018
Accepted (ET)
May 15, 2018 · 1:15 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,F4 | May 11, 2018 | A | 9,994 | — | A | 29,313 | D | |
| Common Shares, $.0033 par value per shareF1 | holding | — | — | — | 610,712 | 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)F3 | $79.65 | May 11, 2018 | A | 44,607 | A | — | May 11, 2028 | Common Shares, $.0033 par value per share | 44,607 | 44,607 | D |
Explanation of responses
- F1The reporting person holds such common shares indirectly with his spouse.
- F2Represents 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.
- F3The 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.
- F4Includes 19,319 common shares that were previously reported as indirectly owned with the reporting person's spouse. These 29,313 directly owned common shares are restricted and subject to vest, per the terms of the applicable award agreements.