ARCH CAPITAL GROUP LTD. — Director's Dealing 2017

Sep 11, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2017-09-07

Reporting Person: Papadopoulo Nicolas (CEO of Arch Reinsurance Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-09-07	Common Shares, $.0033 par value per share	M	17250	$19.2930	Acquired	262462	Direct
2017-09-07	Common Shares, $.0033 par value per share	M	17250	$25.01	Acquired	279712	Direct
2017-09-07	Common Shares, $.0033 par value per share	M	14700	$33.913	Acquired	294412	Direct
2017-09-07	Common Shares, $.0033 par value per share	M	15250	$38.58	Acquired	309662	Direct
2017-09-07	Common Shares, $.0033 par value per share	M	10770	$53.53	Acquired	320432	Direct
2017-09-07	Common Shares, $.0033 par value per share	M	9000	$57.27	Acquired	329432	Direct
2017-09-07	Common Shares, $.0033 par value per share	M	11617	$57.08	Acquired	341049	Direct
2017-09-07	Common Shares, $.0033 par value per share	F	39402	$91.53	Disposed	301647	Direct
2017-09-08	Common Shares, $.0033 par value per share	S	80694	$93.8012	Disposed	220953	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-09-07	Share Appreciation Right	$19.293	M	17250	Disposed	2019-05-06	Common Shares, $.0033 par value per share (17250)	Direct
2017-09-07	Share Appreciation Right	$25.01	M	17250	Disposed	2020-05-05	Common Shares, $.0033 par value per share (17250)	Direct
2017-09-07	Share Appreciation Right	$33.913	M	14700	Disposed	2021-05-06	Common Shares, $.0033 par value per share (14700)	Direct
2017-09-07	Share Appreciation Right	$38.58	M	15250	Disposed	2022-05-09	Common Shares, $.0033 par value per share (15250)	Direct
2017-09-07	Share Appreciation Right	$53.53	M	10770	Disposed	2023-05-09	Common Shares, $.0033 par value per share (10770)	Direct
2017-09-07	Share Appreciation Right	$57.27	M	9000	Disposed	2024-05-13	Common Shares, $.0033 par value per share (9000)	Direct
2017-09-07	Share Appreciation Right	$57.08	M	11617	Disposed	2024-11-06	Common Shares, $.0033 par value per share (11617)	Direct

Footnotes

F1: The share appreciation right became exercisable in three equal annual installments commencing May 6, 2010, subject to the applicable award agreement.

F2: The share appreciation right became exercisable in three equal annual installments commencing May 5, 2011, subject to the applicable award agreement.

F3: The share appreciation right became exercisable in three equal annual installments commencing May 6, 2012, subject to the applicable award agreement.

F4: The share appreciation right became exercisable in three equal annual installments commencing May 9, 2013, subject to the applicable award agreement.

F5: The share appreciation right became exercisable in three equal annual installments commencing May 9, 2014, subject to the applicable award agreement

F6: The share appreciation right became exercisable in three equal annual installments commencing May 13, 2015, subject to the applicable award agreement

F7: The share appreciation right became exercisable in three equal annual installments commencing November 6, 2015, subject to the applicable award agreement

F8: Represents a weighted average sale price; the sales prices range from $93.32 to $94.30. Upon request, the full information regarding the number of shares sold at each price increment will be provided to the Commission or to a security holder of the issuer.

F9: Amount includes 300 common shares acquired under the Arch Capital Group Ltd. Employee Share Purchase Plan on May 31, 2017.