ARCH CAPITAL GROUP LTD. — Director's Dealing 2016

Feb 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2016-02-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-10	Common Shares, $.0033 par value per share	M	119927	$18.757	Acquired	362952	Direct
2016-02-10	Common Shares, $.0033 par value per share	F	32657	$68.88	Disposed	330295	Direct
2016-02-10	Common Shares, $.0033 par value per share	M	112240	$18.757	Acquired	232240	Indirect
2016-02-10	Common Shares, $.0033 par value per share	F	30564	$68.88	Disposed	201676	Indirect
2016-02-10	Common Shares, $.0033 par value per share	M	217833	$18.757	Acquired	217833	Indirect
2016-02-10	Common Shares, $.0033 par value per share	F	59319	$68.88	Disposed	158514	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-10	Stock Option (right to buy)	$18.757	M	119927	Disposed	2016-02-23	Common Shares, $.0033 par value per share (119927)	Direct
2016-02-10	Stock Option (right to buy)	$18.757	M	112240	Disposed	2016-02-23	Common Shares, $.0033 par value per share (112240)	Indirect
2016-02-10	Stock Option (right to buy)	$18.757	M	217833	Disposed	2016-02-23	Common Shares, $.0033 par value per share (217833)	Indirect

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: The stock option became exercisable in three equal annual installments with the first installment being exercisable on February 23, 2007 and the second and third installments being exercisable on February 23, 2008 and February 23, 2009.

F2: On February 10, 2016, the reporting person exercised 119,927 stock options, and under the net settlement provisions of the applicable award agreement, 32,657 common shares were withheld in payment of the exercise price.

F3: On February 10, 2016, the 2015 GRAT exercised 112,240 stock options, and under the net settlement provisions of the applicable award agreement, 30,564 common shares were withheld in payment of the exercise price.

F4: On February 10, 2016, the 2010 GRAT exercised 217,833 stock options, and under the net settlement provisions of the applicable award agreement, 59,319 common shares were withheld in payment of the exercise price.