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ARCH CAPITAL GROUP LTD. Director's Dealing 2010

May 6, 2010

30115_dirs_2010-05-06_353ac618-abab-49dc-b9dc-d4e1716e79a9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2010-05-05

Reporting Person: Hutchings W Preston (SVP & Chief Investment Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-05-05 Common Shares, $.01 par value per share A 5500 Acquired 30600 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-05-05 Stock Appreciation Right $75.03 A 5500 Acquired 2020-05-05 Common Shares, $.01 par value per share (5500) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares, $.01 par value per share 7639 Indirect
Series A Non-Cumulative Preferred Shares (non-convertible) 2500 Indirect

Footnotes

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 minor children.

F2: Represents restricted shares that vest in three equal annual installments on May 5th in each of 2011, 2012 and 2013, subject to the applicable award agreement.

F3: The stock appreciation right will become exercisable in three equal annual installments, with the first installment becoming exercisable on May 5, 2011 and the next two installments on May 5, 2012 and May 5, 2013, subject to the applicable award agreement.