ARCH CAPITAL GROUP LTD. — Director's Dealing 2017

Jun 13, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2017-06-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-09	Common Shares, $.0033 par value per share	M	10000	$56.12	Acquired	205316	Direct
2017-06-09	Common Shares, $.0033 par value per share	M	5000	$57.27	Acquired	210316	Direct
2017-06-09	Common Shares, $.0033 par value per share	F	9134	$92.8	Disposed	201182	Direct
2017-06-12	Common Shares, $.0033 par value per share	S	8266	$93.5281	Disposed	192916	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-09	Share Appreciation Right	$56.12	M	10000	Disposed	2024-02-29	Common Shares, $.0033 par value per share (10000)	Direct
2017-06-09	Share Appreciation Right	$57.27	M	5000	Disposed	2024-05-13	Common Shares, $.0033 par value per share (5000)	Direct

Footnotes

F1: 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.

F2: Represents a weighted average sales price; the sales prices range from $93.502 to $93.575. 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.

F3: In connection with the exercise of the two share appreciation rights awards as described in Table II, 9,134 common shares were disposed in satisfaction of the exercise prices (see Table II). The reporting person received a net issuance of 5,866 common shares.

F4: All of the proceeds will be used to satisfy state and federal tax obligations.

F5: The share appreciation right became exercisable in three equal annual installments commencing May 13, 2015, subject to the applicable award agreement.