Sec Form 4 Filing - IORDANOU CONSTANTINE @ ARCH CAPITAL GROUP LTD. - 2013-11-08

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
IORDANOU CONSTANTINE
2. Issuer Name and Ticker or Trading Symbol
ARCH CAPITAL GROUP LTD. [ ACGL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chairman, President & CEO
(Last) (First) (Middle)
WATERLOO HOUSE, GROUND FLOOR, 100 PITTS BAY ROAD
3. Date of Earliest Transaction (MM/DD/YY)
11/08/2013
(Street)
PEMBROKE, D0HM 08
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 09/12/2013 G V 100 D 455,555 D
Common Shares, $.0033 par value per share 11/08/2013 S 15,000 D $ 58.3307 ( 2 ) 440,555 D
Common Shares, $.0033 par value per share 11/08/2013 S 26,000 D $ 58.3114 ( 3 ) 250,171 I By 2005 GRAT
Common Shares, $.0033 par value per share 83,333 I By Limited Liability Company
Common Shares, $.0033 par value per share 116,613 I By Limited Liability Company
Common Shares, $.0033 par value per share 11,616 I By child
Series C Non-Cumulative Preferred Shares (non-convertible) 6,000 D
Series C Non-Cumulative Preferred Shares (non-convertible) 1,800 I By spouse
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Stock Appreciation Right $ 19.293 10/28/2013 G( 5 ) V 30,962 ( 4 ) 05/06/2019 Common Shares, $.0033 par value per share 30,962 $ 0 21,521 ( 5 ) I By GRAT
Stock Appreciation Right $ 19.293 10/28/2013 G( 5 ) V 30,962 ( 4 ) 05/06/2019 Common Shares, $.0033 par value per share 30,962 $ 0 93,229 ( 5 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
IORDANOU CONSTANTINE
WATERLOO HOUSE, GROUND FLOOR
100 PITTS BAY ROAD
PEMBROKE, D0HM 08
X Chairman, President & CEO
Signatures
/s/ Constantine Iordanou 11/11/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents a bona fide gift.
( 2 )Represents a weighted average sales price; the sales prices range from $58.30 to $58.43. Upon request, the full sale 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.
( 3 )Represents a weighted average sales price; the sales prices range from $58.30 to $58.422. Upon request, the full sale 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.
( 4 )The share appreciation right became exercisable in three equal annual installments on May 6, 2010, May 6, 2011 and May 6, 201.
( 5 )On October 28, 2013, 30,962 share appreciation rights (SARs) were distributed from the GRAT. Such SARs were previously reported as indirectly beneficially held by the GRAT. Following such distribution, the reporting person owns 93,229 SARs and 21,521 SARs are indirectly owned by the GRAT.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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