ARCH CAPITAL GROUP LTD. — Director's Dealing 2019

May 6, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2019-05-02

Reporting Person: Vollaro John D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-02	Common Shares, $.0011 par value per share	M	91800	$6.431	Acquired	91800	Direct
2019-05-02	Common Shares, $.0011 par value per share	F	17436	$33.86	Disposed	74364	Direct
2019-05-02	Common Shares, $.0011 par value per share	G	74364	—	Disposed	0	Direct
2019-05-02	Common Shares, $.0011 par value per share	G	74364	—	Acquired	494382	Indirect
2019-05-03	Common Shares, $.0011 par value per share	S	11500	$34.1522	Disposed	482882	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-02	Share Appreciation Right	$6.341	M	91800	Disposed	2019-05-06	Common Shares, $.0011 par value per share (91800)	Direct

Footnotes

F1: Such common shares are held by a revocable trust for which the reporting person serves as trustee.

F2: In connection with the exercise of a share appreciation right as described in Table II, 17,436 shares were disposed of in satisfaction of the exercise price; 74,364 net shares were issued.

F3: The share appreciation right became exercisable in three equal installments, with the first installment exercisable on May 6, 2010 and the second and third installments exercisable on May 6, 2011 and May 6, 2012, subject to the applicable award agreement.

F4: On May 2, 2019, the reporting person contributed such shares to a revocable trust for which he serves as trustee.

F5: Represents a weighted average sales price; the sales prices range from $34.15 to $34.16. 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.