ARCH CAPITAL GROUP LTD. — Director's Dealing 2020

Feb 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2020-02-13

Reporting Person: Hutchings W Preston (SVP & Chief Investment Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-13	Common Shares, $.0011 par value per share	S	40000	$47.0951	Disposed	573588	Indirect
2020-02-13	Common Shares, $.0011 par value per share	M	49500	$8.3367	Acquired	623088	Indirect
2020-02-13	Common Shares, $.0011 par value per share	F	8628	$47.83	Disposed	614460	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-13	Share Appreciation Right	$8.3367	M	49500	Disposed	2020-05-05	Common Shares, $.0011 par value per share (49500)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares, $.0011 par value per share	45719	Direct
Common Shares, $.0011 par value per share	600	Indirect

Footnotes

F1: The shares are held by a company which is owned by a family trust; beneficiaries of the family trust are the reporting person, his spouse and their children.

F2: Represents a weighted average sale price; the sales prices range from $47.02 to $47.39. Upon request, the full information regarding the number of shares sold at each price increment will be provided to the Commission or to a security holder of the issuer.

F3: The share appreciation right became exercisable in three equal annual installments, with the first installment became exercisable on May 5, 2011, and the next two May 5, 2012 and May 5, 2013,subject to the applicable award agreement.

F4: In connection with the exercise of a share appreciation right as described in Table II, 8,628 shares were disposed of in satisfaction of the exercise price; 40,872 net shares were issued.