Statement of Changes in Beneficial Ownership (4)
19 November 2021 - 8:11AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
|
1. Name and Address of Reporting Person
*
Morin Francois |
2. Issuer Name and Ticker or Trading Symbol
ARCH CAPITAL GROUP LTD.
[
ACGL
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP and CFO |
|
(Last)
(First)
(Middle)
C/O ARCH CAPITAL GROUP LTD., WATERLOO HOUSE, 100 PITTS BAY ROAD |
3. Date of Earliest Transaction
(MM/DD/YYYY)
11/16/2021 |
|
(Street)
PEMBROKE, D0 HM 08
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
| Common Shares, $.0011 par value per share | 11/16/2021 | | S | | 16950 | D | $43.2423 (3) | 162479 | D | |
| Common Shares, $.0011 par value per share | 11/16/2021 | | M | | 3000 | A | $12.86 | 165479 | D | |
| Common Shares, $.0011 par value per share | 11/16/2021 | | F(1) | | 904 (1) | D | $42.69 | 164575 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code
(Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) | 8. Price of Derivative Security
(Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Share Appreciation Right | $12.86 | 11/16/2021 | | M | | | 3000 | (2) | 5/9/2022 | Common Shares, $.0011 par value per share | 3000 | $0 | 3300 | D | |
| Explanation of Responses: |
| (1) | In connection with the exercise of the share appreciation rights award described in Table II, 904 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 2,096 common shares. |
| (2) | The share appreciation right became exercisable in three equal annual installments; the first installment became exercisable on May 9, 2013 and the next two installments on May 9, 2014 and May 9, 2015, subject to the applicable award agreement. |
| (3) | Represents a weighted average sale price; the sales prices range from $43.18 to $43.33. Upon request, the full information regarding the number of shares sold at each separate price within the range will be provided to the issuer, any security holder of the issuer or the staff of the Securities Exchange Commission |
Reporting Owners
|
| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
Morin Francois
C/O ARCH CAPITAL GROUP LTD.
WATERLOO HOUSE, 100 PITTS BAY ROAD
PEMBROKE, D0 HM 08 |
|
| EVP and CFO |
|
Signatures
|
| /s/ Francois Morin | | 11/18/2021 |
| **Signature of Reporting Person | Date |
Arch Capital (NASDAQ:ACGLP)
Historical Stock Chart
From Mar 2024 to Apr 2024
Arch Capital (NASDAQ:ACGLP)
Historical Stock Chart
From Apr 2023 to Apr 2024
Real-Time news about Arch Capital Group Ltd (NASDAQ): 0 recent articles
More Arch Capital Group Ltd. News Articles