Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
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)
C/O ARCH CAPITAL GROUP LTD., WATERLOO HOUSE,100 PITTS BAY ROAD
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2014
(Street)

PEMBROKE, D0 HM 08
4. If Amendment, Date 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
(City)
(State)
(Zip)
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               468,926 D  
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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 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 Option (right to buy) $ 18.76               (2) 02/23/2016 Common Shares, $.0033 par value per share 146,119 (1)   146,119 (1) I (1) By GRAT
Share Appreciation Right $ 19.29               (3) 05/06/2019 Common Shares, $.0033 par value per share 93,300 (1)   93,300 (1) I (1) By GRAT
Share Appreciation Right $ 33.91               (4) 05/06/2021 Common Shares, $.0033 par value per share 100,065 (1)   100,065 (1) I (1) By GRAT
Share Appreciation Right $ 37.05             02/29/2012 02/28/2022 Common Shares, $.0033 par value per share 161,636 (1)   161,636 (1) I (1) By GRAT
Share Appreciation Right $ 38.58               (5) 05/09/2022 Common Shares, $.0033 par value per share 101,000 (1)   101,000 (1) I (1) By GRAT
Share Appreciation Right $ 49.12             02/28/2013 02/28/2023 Common Shares, $.0033 par value per share 300,187 (1)   300,187 (1) I (1) By GRAT
Share Appreciation Right $ 53.53               (6) 05/09/2023 Common Shares, $.0033 par value per share 70,930 (1)   70,930 (1) I (1) By GRAT
Share Appreciation Right $ 56.12             02/28/2014 02/28/2024 Common Shares, $.0033 par value per share 302,555 (1)   302,555 (1) I (1) By GRAT
Share Appreciation Right $ 57.27               (7) 05/13/2024 Common Shares, $.0033 par value per share 63,000 (1)   63,000 (1) I (1) By GRAT

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
IORDANOU CONSTANTINE
C/O ARCH CAPITAL GROUP LTD.
WATERLOO HOUSE,100 PITTS BAY ROAD
PEMBROKE, D0 HM 08
  X     Chairman, President & CEO  

Signatures

 /s/ Constantine Iordanou   06/18/2014
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The options and stock appreciation rights were previously reported as directly beneficially owned by the reporting person but were contibuted to a grantor retained annuity trust on June 12, 2014.
(2) The stock option became exercisable in three equal annual installments with the first installment being exercisable on February 23, 2007 and the second and third installments being exercisable on February 23, 2008 and February 23, 2009.
(3) The share appreciation right became exercisable in three equal annual installments with the first installment being exercisable on May 6, 2010 and the second and third installments being exercisable on May 6, 2011 and May 6, 2012.
(4) The share appreciation right became exercisable in three equal annual installments with the first installment being exercisable on May 6, 2012 and the second and third installments being exercisable on May 6, 2013 and May 6, 2014.
(5) The share appreciation right became exercisable in three equal annual installments with the first installment being exercisable on May 9, 2013 and the second and third installments being exercisable on May 9, 2014 and May 9, 2015.
(6) The share appreciation right became exercisable in three equal annual installments with the first installment being exercisable on May 9, 2014 and the second and third installments being exercisable on May 9, 2015 and May 9, 2016.
(7) The share appreciation right became exercisable in three equal annual installments with the first installment being exercisable on May 13, 2015 and the second and third installments being exercisable on May 13, 2016 and May 13, 2017.

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