ARCH CAPITAL GROUP LTD. — Director's Dealing 2021

May 7, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARCH CAPITAL GROUP LTD. (ACGL)
CIK: 0000947484
Period of Report: 2021-05-05

Reporting Person: GRANDISSON MARC (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-05	Common Shares, $.0011 par value per share	M	36000	$11.3043	Acquired	2113646	Direct
2021-05-05	Common Shares, $.0011 par value per share	F	10126	$40.19	Disposed	2103520	Direct
2021-05-06	Common Shares, $.0011 par value per share	M	36000	$11.3043	Acquired	2139520	Direct
2021-05-06	Common Shares, $.0011 par value per share	F	10233	$39.77	Disposed	2129287	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-05	Share Appreciation Right	$11.3043	M	36000	Disposed	2021-05-06	Common Shares, $.0011 par value per share (36000)	Direct
2021-05-06	Share Appreciation Right	$11.3043	M	36000	Disposed	2021-05-06	Common Shares, $.0011 par value per share (36000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
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, 2012 and the next two installments on May 6, 2013 and May 6, 2014, subject to the applicable award agreement.

F2: In connection with the exercise of the share appreciation rights award described in Table II, 10,126 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 25,874 common shares.

F3: In connection with the exercise of the share appreciation rights award described in Table II, 10,233 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 25,767 common shares.