ARCH CAPITAL GROUP LTD. — Director's Dealing 2020

Feb 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2020-02-14

Reporting Person: Morin Francois (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-14	Common Shares, $.0011 par value per share	M	9000	$10.6433	Acquired	90697	Indirect
2020-02-14	Common Shares, $.0011 par value per share	F	2010	$47.68	Disposed	88687	Indirect
2020-02-19	Common Shares, $.0011 par value per share	S	6990	$48.1613	Disposed	81697	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-14	Share Appreciation Right	$10.6433	M	9000	Disposed	2021-10-03	Common Shares, $.0011 par value per share (9000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares, $.0011 par value per share	32150	Direct

Footnotes

F1: The share appreciation right became exercisable in three equal annual installments commencing October 3, 2012, and the next two installments on October 3, 2013 and October 3, 2014, subject to the applicable award agreement.

F2: In connection with the exercise of the share appreciation rights award described in Table II, 2,010 common shares were disposed in satisfaction of the exercise price. The reporting person received a net issuance of 6,990 common shares.