ARCH CAPITAL GROUP LTD. — Director's Dealing 2014

Nov 12, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2014-11-10

Reporting Person: PETRILLO LOUIS T (Officer of Subsidiary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-10	Common Shares, $.0033 par value per share	M	42000	$18.7567	Acquired	103866	Direct
2014-11-10	Common Shares, $.0033 par value per share	S	42000	$57.1765	Disposed	61866	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-10	Stock option (right to buy)	$18.7567	M	42000	Disposed	2016-02-23	Common Shares, $.0033 par value per share (42000)	Direct

Footnotes

F1: Since the date of the reporting person's last ownership report, he transferred 21,481 ACGL common shares to his former spouse pursuant to a stipulation of settlement. The reporting person no longer reports as beneficially owned any securities owned by his former spouse.

F2: The stock option became exercisable in three equal annual installments, with the first installment becoming exercisable on February 23, 2007 and the next two installments on February 23, 2008 and February 23, 2009, subject to the applicable award agreement.

F3: Represents a weighted average sales price; the sales prices range from $57.1495 to $57.43. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission or to the security holder of the issuer.