Nicolas Papadopoulo Form 4 ARCH CAPITAL / Nicolas Papadopoulo ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Papadopoulo Nicolas

(Last) (First) (Middle)

C/O ARCH CAPITAL GROUP LTD

100 PITTS BAY ROAD, WATERLOO HOUSE

(Street)

PEMBROKE D0 HM 08

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ARCH CAPITAL GROUP LTD. [ ACGL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
CEO of Arch Reinsurance Group

3. Date of Earliest Transaction (Month/Day/Year)
09/07/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares, $.0033 par value per share	09/07/2017		M		17,250	A	$19.293	262,462(9)	D
Common Shares, $.0033 par value per share	09/07/2017		M		17,250	A	$25.01	279,712	D
Common Shares, $.0033 par value per share	09/07/2017		M		14,700	A	$33.913	294,412	D
Common Shares, $.0033 par value per share	09/07/2017		M		15,250	A	$38.58	309,662	D
Common Shares, $.0033 par value per share	09/07/2017		M		10,770	A	$53.53	320,432	D
Common Shares, $.0033 par value per share	09/07/2017		M		9,000	A	$57.27	329,432	D
Common Shares, $.0033 par value per share	09/07/2017		M		11,617	A	$57.08	341,049	D
Common Shares, $.0033 par value per share	09/07/2017		F		39,402	D	$91.53	301,647	D
Common Shares, $.0033 par value per share	09/08/2017		S		80,694	D	$93.8012(8)	220,953	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Share Appreciation Right	$19.293	09/07/2017		M			17,250	(1)	05/06/2019	Common Shares, $.0033 par value per share	17,250	$0	0	D
Share Appreciation Right	$25.01	09/07/2017		M			17,250	(2)	05/05/2020	Common Shares, $.0033 par value per share	17,250	$0	0	D
Share Appreciation Right	$33.913	09/07/2017		M			14,700	(3)	05/06/2021	Common Shares, $.0033 par value per share	14,700	$0	0	D
Share Appreciation Right	$38.58	09/07/2017		M			15,250	(4)	05/09/2022	Common Shares, $.0033 par value per share	15,250	$0	0	D
Share Appreciation Right	$53.53	09/07/2017		M			10,770	(5)	05/09/2023	Common Shares, $.0033 par value per share	10,770	$0	0	D
Share Appreciation Right	$57.27	09/07/2017		M			9,000	(6)	05/13/2024	Common Shares, $.0033 par value per share	9,000	$0	0	D
Share Appreciation Right	$57.08	09/07/2017		M			11,617	(7)	11/06/2024	Common Shares, $.0033 par value per share	11,617	$0	5,800	D

Explanation of Responses:

1. The share appreciation right became exercisable in three equal annual installments commencing May 6, 2010, subject to the applicable award agreement.

2. The share appreciation right became exercisable in three equal annual installments commencing May 5, 2011, subject to the applicable award agreement.

3. The share appreciation right became exercisable in three equal annual installments commencing May 6, 2012, subject to the applicable award agreement.

4. The share appreciation right became exercisable in three equal annual installments commencing May 9, 2013, subject to the applicable award agreement.

5. The share appreciation right became exercisable in three equal annual installments commencing May 9, 2014, subject to the applicable award agreement

6. The share appreciation right became exercisable in three equal annual installments commencing May 13, 2015, subject to the applicable award agreement

7. The share appreciation right became exercisable in three equal annual installments commencing November 6, 2015, subject to the applicable award agreement

8. Represents a weighted average sale price; the sales prices range from $93.32 to $94.30. 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.

9. Amount includes 300 common shares acquired under the Arch Capital Group Ltd. Employee Share Purchase Plan on May 31, 2017.

	/s/ Marcy Rathman, Attorney in Fact	09/11/2017
	** Signature of Reporting Person	Date
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