ARCH CAPITAL GROUP LTD. — Director's Dealing 2017

Feb 17, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2017-02-16

Reporting Person: GRANDISSON MARC (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-16	Common Shares, $.0033 par value per share	M	31350	$23.7067	Acquired	616912	Direct
2017-02-16	Common Shares, $.0033 par value per share	F	7904	$94.04	Disposed	609008	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-16	Share Appreciation Right	$23.7067	M	31350	Disposed	2017-05-11	Common Shares, $.0033 par value per share (31350)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares, $.0033 par value per share	660	Indirect

Footnotes

F1: In connection with the exercise of a share appreciation rights award as described in Table II, 7,904 shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 23,446 common shares.

F2: The share appreciation right became exercisable in three equal annual installments, with the first installment becoming exercisable on May 11, 2008, subject to the applicable award agreement.