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 *
Rajeh Maamoun

(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
X Officer (give title below) Other (specify below)
Chairman & CEO Arch Re Group
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2022
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, $.0011 par value per share 06/03/2022   M   19,800 A $ 17.8433 432,187 D  
Common Shares, $.0011 par value per share 06/03/2022   F (1)   7,563 D $ 46.72 425,227 (3) D  
Common Shares, $.0011 par value per share 06/07/2022   S   12,237 D $ 47.0574 (4) 412,990 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 $ 17.8433 06/03/2022   M     19,800   (2) 05/09/2023 Common Shares, $.0011 par value per share 19,800 $ 0 0 D  
Explanation of Responses:
1. In connection with the exercise of the share appreciation rights award described in Table II, 7,563 common shares were disposed of in satisfaction of the exercise price. The reporting person received a net issuance of 12,237 common shares.
2. The share appreciation right became exercisable in three equal annual installments, with the first installment becoming exercisable on May 9, 2014 and the next two installments on May 9, 2015 and May 9, 2016, subject to the applicable award agreement.
3. Amount includes 603 common shares acquired on May 31, 2022 under the Arch Capital Group Ltd. Employee Share Purchase Plan.
4. Represents a weighted average sales price; the sale prices ranged from $47.00 to $47.10. Upon request, the full sales information regarding the number of shares sold at each price increment will be provided to the Commission or a security holder of the issuer.
/s/ Maamoun Rajeh 06/07/2022
** Signature of Reporting Person Date
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