Hutchings W Preston 4
4 · ARCH CAPITAL GROUP LTD. · Filed Mar 16, 2021
Insider Transaction Report
Form 4
Hutchings W Preston
SVP & Chief Investment Officer
Transactions
- Gift
Common Shares, $.0011 par value per share
2021-03-04+4,338→ 387,984 total(indirect: By Company) - Tax Payment
Common Shares, $.0011 par value per share
2021-03-12$37.62/sh−15,145$569,755→ 423,239 total(indirect: By Company) - Exercise/Conversion
Share Appreciation Right
2021-03-12−50,400→ 0 total(indirect: By Company)Exercise: $11.30Exp: 2021-05-06→ Common Shares, $.0011 par value per share (50,400 underlying) - Gift
Common Shares, $.0011 par value per share
2021-03-04−4,338→ 85,911 total - Exercise/Conversion
Common Shares, $.0011 par value per share
2021-03-12$11.30/sh+50,400$569,737→ 438,384 total(indirect: By Company)
Holdings
- 600(indirect: By Children)
Common Shares, $.0011 par value per share
Footnotes (4)
- [F1]The shares are held by a company which is owned by a family trust; beneficiaries of the family trust are the reporting person, his spouse and their children.
- [F2]On March 4, 2021 the reporting person contributed 4,338 common shares to a company which is owned by a family trust; See FN1.
- [F3]In connection with the exercise of a share appreciation right as described in Table II, 15,145 shares were disposed of in satisfaction of the exercise price; 35,255 net shares were issued.
- [F4]The share appreciation right became exercisable in three equal annual installments, with the first installment became exercisable on May 6, 2012, and the next two May 6, 2013 and May 6, 2014, subject to the applicable award agreement.