Statement of Changes in Beneficial Ownership (4)
February 22 2016 - 5:24PM
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).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
GRANDISSON MARC
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2. Issuer Name
and
Ticker or Trading Symbol
ARCH CAPITAL GROUP LTD.
[
ACGL
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
President & COO
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(Last)
(First)
(Middle)
C/O ARCH CAPITAL GROUP LTD., WATERLOO HOUSE, 100 PITTS BAY ROAD
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3. Date of Earliest Transaction
(MM/DD/YYYY)
2/18/2016
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(Street)
PEMBROKE, D0 HM 08
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Shares, $.0033 par value per share
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2/18/2016
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M
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211
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A
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$18.7567
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552362
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D
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Common Shares, $.0033 par value per share
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2/18/2016
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S
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211
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D
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$68.5
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552151
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D
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Common Shares $.0033 par value per share
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2/19/2016
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M
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29789
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A
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$18.7567
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581940
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D
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Common Shares, $.0033 par value per share
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2/19/2016
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S
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29789
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D
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$68.6241
(1)
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552151
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D
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Common Shares, $.0033 par value per share
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2/19/2016
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M
(3)
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30000
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A
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$18.7567
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582151
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D
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Common Shares, $.0033 par value per share
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2/19/2016
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F
(3)
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8199
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D
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$68.63
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573952
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D
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Common Shares, $.0033 par value per share
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660
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I
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By spouse
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Stock Option (right to buy)
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$18.7567
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2/18/2016
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M
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211
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(2)
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2/23/2016
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Common Shares, $.0033 par value per share
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211
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$0
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59789
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D
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Stock Option (righ to buy)
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$18.7567
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2/19/2016
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M
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29789
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(2)
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2/23/2016
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Common Shares, $.0033 par value per share
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29789
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$0
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30000
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D
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Stock Option (right to buy)
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$18.7567
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2/19/2016
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M
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30000
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(2)
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2/23/2016
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Common Shares, $.0033 par value per share
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30000
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$0
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0
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D
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Explanation of Responses:
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(
1)
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Represents a weighted average sales price; the sales prices range from $68.50 to $68.92. Upon request the full sale information regarding the number of shares sold at each price increment will be provided to the Commission or to a security holder of the issuer.
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(
2)
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The stock option became exercisable in three equal annual installments commencing February 23, 2009, subject to the applicable award agreement.
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(
3)
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On February 19, 2016, the reporting person exercised 30,000 stock options and, under the net settlement provisions of the applicable award agreement, 8,199 common shares were withheld in payment of the exercise price.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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GRANDISSON MARC
C/O ARCH CAPITAL GROUP LTD.
WATERLOO HOUSE, 100 PITTS BAY ROAD
PEMBROKE, D0 HM 08
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President & COO
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Signatures
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/s/ Marc Grandisson
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2/22/2016
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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