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: GRANDISSON MARC (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-02	Common Shares, $.0011 par value per share	M	68400	$6.431	Acquired	1900536	Indirect
2019-05-02	Common Shares, $.0011 par value per share	F	12992	$33.86	Disposed	1887544	Indirect
2019-05-06	Common Shares, $0011 par value per share	S	55408	$33.8629	Disposed	1832136	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-02	Share Appreciation Right	$6.431	M	68400	Disposed	2019-05-06	Common Shares, $.0011 par value per share (68400)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares, $.0011 par value per share	115487	Direct
Common Shares, $.0011 par value per share	1980	Indirect

Footnotes

F1: The share appreciation right became exercisable in three equal annual installments, with the first installment becoming exercisable on May 6, 2010 and the next two installments on May 6, 2011 and May 6, 2012, subject to the applicable award agreement.

F2: In connection with the exercise of the share appreciation rights award described in Table II, 12,992 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 55,408 common shares.

F3: Represents a weighted average sales price; the sales prices range from $33.85 to $33.91. Upon request, the full sales 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.