ARCH CAPITAL GROUP LTD.

(ACGL)
  Report
Real-time Estimate Cboe BZX  -  01:12 2022-06-27 pm EDT
45.09 USD   +0.51%
06/24ARCH CAPITAL GROUP LTD.(NASDAQGS : ACGL) added to Russell 1000 Defensive Index
CI
06/24ARCH CAPITAL GROUP LTD.(NASDAQGS : ACGL) added to Russell 1000 Value-Defensive Index
CI
06/24ARCH CAPITAL GROUP LTD.(NASDAQGS : ACGL) added to Russell 1000 Growth-Defensive Index
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

ARCH CAPITAL GROUP LTD. : Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits (form 8-K)

05/06/2022 | 01:42pm EDT

ITEM 5.07 Submission of Matters to a Vote of Security Holders.


Arch Capital Group Ltd.'s ("ACGL") annual meeting of shareholders was held on
May 4, 2022. At the meeting, the holders of 378,556,205 common shares, which
represents approximately 88 percent of the outstanding shares entitled to vote
as of the record date of March 8, 2022, were represented in person or by proxy.
Matters submitted to shareholders at the meeting and the voting results thereof
were as follows:

Item 1. The vote on the election of the four Class III directors to hold office until the 2025 annual meeting of shareholders or until their successors are elected and qualified. The voting results were as follows:


      NOMINEE             FOR         AGAINST     WITHHELD     BROKER 

NON-VOTES

John L. Bunce, Jr.    300,129,618    20,202,985    283,683        13,240,177
Marc Grandisson       317,542,326    3,011,470     62,490         13,240,177
Moira Kilcoyne        316,216,476    4,342,034     57,776         13,240,177
Eugene S. Sunshine    311,483,406    9,072,429     60,451         13,240,177


Item 2. The vote on a proposal on advisory vote on executive compensation (say-on-pay). The voting results were as follows:

FOR AGAINST ABSTAIN BROKER NON-VOTES

303,434,590 16,967,447 214,249 13,240,177



Item 3. The vote on a proposal to approve the 2022 Long-Term Incentive and Share
Award Plan, which is attached hereto as Exhibit 10.1 and incorporated herein by
reference. The voting results were as follows:

FOR AGAINST ABSTAIN BROKER NON-VOTES

309,887,003 10,627,707 101,576 13,240,177



Item 4. The vote on the ratification of the selection of PricewaterhouseCoopers
LLP as ACGL's independent registered public accounting firm for the year ending
December 31, 2022. The voting results were as follows:

FOR AGAINST ABSTAIN BROKER NON-VOTES

 322,698,809    11,096,492    61,162             0


Item 5. The vote on the election of certain individuals as Designated Company
Directors of certain of ACGL's non-U.S. subsidiaries. The voting results were as
follows:

       DIRECTOR             FOR         AGAINST     WITHHOLD     BROKER NON-VOTES
Robert Appleby          320,362,620     111,727      141,939        13,240,177
Matthew Dragonetti      320,413,189      87,198      115,899        13,240,177
Seamus Fearon           320,403,403     110,064      102,819        13,240,177
Beau H. Franklin        320,405,153     109,757      101,376        13,240,177
Jerome Halgan           320,357,407     158,886      99,993         13,240,177
James Haney             320,395,965     108,249      112,072        13,240,177
Chris Hovey             320,431,628      87,751      96,907         13,240,177
W. Preston Hutchings    320,362,307     167,331      86,648         13,240,177
Pierre Jal              320,400,144     121,667      94,475         13,240,177
François Morin          308,157,965    12,397,853    60,468         13,240,177
David J. Mulholland     320,432,289      84,810      99,187         13,240,177
Chiara Nannini          307,273,348    13,208,907    134,031        13,240,177
Maamoun Rajeh           320,464,589      87,537      64,160         13,240,177
Christine Todd          320,434,260      83,267      98,759         13,240,177



                                       2
--------------------------------------------------------------------------------

ITEM 8.01 Other Events.


Preferred Share Dividends. On May 5, 2022, the Board of Directors (the "Board")
of ACGL declared dividends with respect to the outstanding 13,200,000 depositary
shares, each representing a 1/1000th interest in a share of 5.45% Non-Cumulative
Preferred Shares, Series F, $0.01 per share ("Series F Shares"), with a $25,000
liquidation preference per share (equivalent to a $25.00 liquidation preference
per depositary share), as outlined below. All such dividends will be payable out
of lawfully available funds for the payment of dividends under Bermuda law on
June 30, 2022 to holders of record of the Series F Shares, as of June 15, 2022,
unless determined otherwise by the Board or the Executive Committee of the Board
on or prior to the effective date. In addition, the Board declared dividends
with respect to the Series F Shares, to be payable out of lawfully available
funds for the payment of dividends under Bermuda law on September 30, 2022 to
holders of record of the Series F Shares, as of September 15, 2022, unless
determined otherwise by the Board or the Executive Committee of the Board on or
prior to the effective date

                   Effective Date for
    Series            Declaration               Dividend Period            
 Dividend Amount               Rate Per Share
Series F                          6/30/22              3/31/22-6/29/22                   $4,496,250                    $0.340625
Series F                          9/30/22              6/30/22-9/29/22                   $4,496,250                    $0.340625



In addition, on May 5, 2022, the Board of ACGL declared dividends with respect
to the outstanding 20,000,000 depositary shares, each representing a 1/1000th
interest in a share of 4.55% Non-Cumulative Preferred Shares, Series G, $0.01
per share ("Series G Shares"), with a $25,000 liquidation preference per share
(equivalent to a $25.00 liquidation preference per depositary share), as
outlined below. All such dividends will be payable out of lawfully available
funds for the payment of dividends under Bermuda law on June 30, 2022 to holders
of record of the Series G Shares, as of June 15, 2022, unless determined
otherwise by the Board or the Executive Committee of the Board on or prior to
the effective date. In addition, the Board declared dividends with respect to
the Series G Shares, to be payable out of lawfully available funds for the
payment of dividends under Bermuda law on September 30, 2022 to holders of
record of the Series G Shares, as of September 15, 2022, unless determined
otherwise by the Board or the Executive Committee of the Board on or prior to
the effective date.

                   Effective Date for
    Series            Declaration               Dividend Period            
 Dividend Amount               Rate Per Share
Series G                          6/30/22              3/31/22-6/29/22                   $5,687,500                    $0.284375
Series G                          9/30/22              6/30/22-9/29/22                   $5,687,500                    $0.284375

ITEM 9.01 Financial Statements and Exhibits.

(d): The following exhibits are being filed herewith.

EXHIBIT NO.                                                DESCRIPTION
10.1                            Arch Capital Group Ltd. 2022 Long-Term Incentive and Share Award
                              Plan
104                           Cover Page Interactive Data File (embedded within the Inline XBRL
                              document)


                                       3

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses

All news about ARCH CAPITAL GROUP LTD.
06/24ARCH CAPITAL GROUP LTD.(NASDAQGS : ACGL) added to Russell 1000 Defensive Index
CI
06/24ARCH CAPITAL GROUP LTD.(NASDAQGS : ACGL) added to Russell 1000 Value-Defensive Index
CI
06/24ARCH CAPITAL GROUP LTD.(NASDAQGS : ACGL) added to Russell 1000 Growth-Defensive Index
CI
06/24ARCH CAPITAL GROUP LTD.(NASDAQGS : ACGL) dropped from Russell 1000 Dynamic Index
CI
05/23Morgan Stanley Adjusts Arch Capital Group's Price Target to $50 from $53, Keeps Equalwe..
MT
05/06ARCH CAPITAL GROUP LTD. : Submission of Matters to a Vote of Security Holders, Other Event..
AQ
05/04ARCH CAPITAL GROUP LTD. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AN..
AQ
05/02Barclays Adjusts Arch Capital Group's Price Target to $54 from $53, Keeps Overweight Ra..
MT
04/29RBC Capital Lifts Price Target on Arch Capital Group to $60 From $57, Keeps Outperform ..
MT
04/28TRANSCRIPT : Arch Capital Group Ltd., Q1 2022 Earnings Call, Apr 28, 2022
CI
More news
Analyst Recommendations on ARCH CAPITAL GROUP LTD.
More recommendations