ARCH CAPITAL GROUP LTD. — Director's Dealing 2014

Jun 11, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2014-06-09

Reporting Person: Lyons Mark Donald (EVP,CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-09	Common Shares, $.0033 par value per share	M	13000	$18.757	Acquired	235017	Direct
2014-06-09	Common Shares, $.0033 par value per share	S	13000	$57.7065	Disposed	222017	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-09	Stock Option (right to buy)	$18.757	M	13000	Disposed	2016-02-23	Common Shares, $0033 par value per share (13000)	Direct

Footnotes

F1: Represents a weighted average sales price; the sales prices range from $57.57 to $57.97. 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.

F2: 86,722 of such amount will settle in Issuer's common shares upon the termination of the Reporting Person's employment, as specifically provided in the award agreements.

F3: A portion of the proceeds will be used to satisfy state and federal tax obligations.

F4: The stock option became exercisable in three equal annual installments, commencing on February 23, 2007, subject to the applicable award agreement.