Filing Details
- Accession Number:
- 0001179110-14-003320
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-02-21 15:50:18
- Reporting Period:
- 2014-02-19
- Filing Date:
- 2014-02-21
- Accepted Time:
- 2014-02-21 15:50:18
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 947484 | Arch Capital Group Ltd. | ACGL | Fire, Marine & Casualty Insurance (6331) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1359049 | Donald Mark Lyons | 100 Pitts Bay Road Ground Floor Pembroke D0 HM 08 | Evp,Cfo & Treasurer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Shares, $.0033 Par Value Per Share | Acquisiton | 2014-02-19 | 10,000 | $13.00 | 225,517 | No | 4 | M | Direct | |
| Common Shares, $.0033 Par Value Per Share | Disposition | 2014-02-19 | 10,000 | $55.73 | 215,517 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Shares, $.0033 Par Value Per Share | Stock Option (right to buy) | Disposition | 2013-02-19 | 10,000 | $0.00 | 10,000 | $13.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 2,000 | 2014-09-22 | No | 4 | M | Direct |
Footnotes
- Represents a weighted average sales price; the sales prices range from $55.25 to $56.11. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission or to the security holder of the issuer.
- The stock option became exercisable in three equal annual installlments, commencing on September 22, 2004, subject to the applicable award agreement.
- 86,722 of such amount will settle in Issuer's common shares upon the termination of the Reporting Person's employment, as specifically provided in the award agreements.
- A portion of the proceeds will be used to satisfy state and federal tax obligations.
- Represents the reporting person's current beneficial holdings thereby correcting two Form 4s filed on September 9, 2013 and October 31, 2013, respectively. The two Form 4s incorrectly reported the sale of 10,000 common shares on September 5, 2013 and 26,000 common shares on October 30, 2013, when in fact the underlying shares sold were acquired from the exercise of a portion of the stock option granted on September 22, 2004 at a strike price of $13.00 per share.
- Represents the reporting person's current ownership of the stock option granted on September 22, 2004. As described in footnote 5, the reporting person exercised and sold portions of the stock option granted on September 22, 2004 on September 5, 2013 and October 30, 2013. Following the exercise and sale on February 19, 2014, the reporting person has 2,000 stock options remaining from this grant.
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