ARCH CAPITAL GROUP LTD. — Director's Dealing 2014

Jan 8, 2014

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2013-12-31

Reporting Person: IORDANOU CONSTANTINE (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-13	Common Shares, $.0033 par value per share	G	1400	—	Disposed	439155	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-31	Stock Appreciation Right	$19.293	G	71	Disposed	2019-05-06	Common Shares, $.0033 par value per share (71)	Indirect
2013-12-31	Stock Appreciation Right	$19.293	G	71	Acquired	2019-05-06	Common Shares, $.0033 par value per share (71)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares, $.0033 par value per share	83333	Indirect
Common Shares, $.0033 par value per share	116613	Indirect
Common Shares, $.0033 par value per share	11616	Indirect
Series C Non-Cumulative Preferred Shares (non-convertible)	6000	Direct
Series C Non-Cumulative Preferred Shares (non-convertible)	1800	Indirect

Footnotes

F1: Represents a bona fide gift.

F2: The share appreciation right became exercisable in three equal annual installments on May 6, 2010, May 6, 2011 and May 6, 2012.

F3: On December 31, 2013, 71 share appreciation rights (SARs) were distributed from the GRAT. Such SARs were previously reported as indirectly beneficially held by the GRAT. Following such distribution, the reporting person owns 93,300 SARs and 21,450 SARs are indirectly owned by the GRAT.