SEC Form 4 · accession 0001179110-19-002174
ARCH CAPITAL GROUP LTD. · ACGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Francois Morin
Officer — EVP and CFO
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 5:41 pm EST
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, $.0011 par value per share | Feb 15, 2019 | M | 4,000 | $10.6433 | A | 83,491 | I | Owned with spouse |
| Common Shares, $.0011 par value per share | Feb 15, 2019 | F | 1,352 | $31.50 | D | 82,139 | I | Owned with spouse |
| Common Shares, $.0011 par value per share | Feb 20, 2019 | S | 2,648 | $32.14 | D | 78,491 | I | Owned with spouse |
| Common Shares, $.0011 par value per shareF1 | holding | — | — | — | 33,829 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Appreciation RightF2 | $10.6433 | Feb 15, 2019 | M | 4,000 | D | — | Oct 3, 2021 | Common Shares, $.0011 par value per share | 4,000 | 12,200 | D |
Explanation of responses
- F1Amount includes 944 common shares acquired on November 30, 2018 under the Arch Capital Group Ltd. Employee Share Purchase Plan.
- F2The share appreciation right became exercisable in three equal annual installments commencing October 3, 2012, and the next two installments on October 3, 2013 and October 3, 2014, subject to the applicable award agreement.
- F3In connection with the exercise of the share appreciation rights award described in Table II, 1,352 common shares were disposed in satisfaction of the exercise price. The reporting person received a net issuance of 2,648 common shares.