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ACGL Arch Capital Group Ltd

94.02
-1.15 (-1.21%)
Last Updated: 17:36:34
Delayed by 15 minutes
Share Name Share Symbol Market Type
Arch Capital Group Ltd NASDAQ:ACGL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.15 -1.21% 94.02 94.03 94.06 95.585 92.78 94.82 561,340 17:36:34

Statement of Changes in Beneficial Ownership (4)

01/03/2021 11:35pm

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 *

Gansberg David
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)
CEO, Global Mortgage Group
(Last)          (First)          (Middle)

C/O ARCH CAPITAL GROUP LTD., WATERLOO HOUSE, 100 PITTS BAY ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

2/26/2021
(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 2/26/2021  A  8096 A (1)129906 (3)D  
Common Shares, $.0011 par value per share 2/27/2021  F(4)  607 (4)D$35.82 129299 D  
Common Shares, $.0011 par value per share 2/28/2021  F(4)  783 (4)D$35.82 128516 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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy) $35.82 2/26/2021  A   39393     (2)2/26/2031 Common Shares, $.0011 par value per share 39393 $0 39393 D  

Explanation of Responses:
(1) Represents restricted shares that vest in three equal annual installments, commencing February 26, 2022, and the next two installments on February 26, 2023 and February 26, 2024, subject to the applicable award agreement.
(2) The stock option becomes exercisable in three equal annual installments commencing February 26, 2022, and the next two installments on February 26, 2023 and February 26, 2024, subject to the applicable award agreement.
(3) Amount includes 9,000 common shares owned by Mr. Gansberg jointly with his spouse that were previously reported as indirectly owed with spouse.
(4) Represents shares withheld to pay taxes due upon vesting of restricted stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Gansberg David
C/O ARCH CAPITAL GROUP LTD.
WATERLOO HOUSE, 100 PITTS BAY ROAD
PEMBROKE, D0 HM 08


CEO, Global Mortgage Group

Signatures
/s/ David Gansberg3/1/2021
**Signature of Reporting PersonDate

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