SEC Form 4 · accession 0001179110-19-002991
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
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 1:51 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 shareF2,F4 | Feb 28, 2019 | A | 27,548 | — | A | 115,487 | D | |
| Common Shares, $.0011 par value per shareF4,F1 | holding | — | — | — | 1,832,136 | I | See Footnote | |
| Common Shares, $.0011 par value per shareF4 | holding | — | — | — | 1,980 | 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 | $32.67 | Feb 28, 2019 | A | 142,225 | A | — | Feb 28, 2029 | Common Shares, $.0011 par value per share | 142,225 | 142,225 | 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 February 28, 2020, and the next two installments on February 28, 2021 and February 28, 2022, subject to the applicable award agreement.
- F3The stock option becomes exercisable in three equal annual installments commencing February 28, 2020, and the next two installments on February 28, 2021 and February 28, 2022, subject to the applicable award agreement.
- F4The amount of common shares includes common shares acquired in connection with a 3-for-1 share split effectuated by Arch Capital Group Ltd. on June 21, 2018.