AMERISAFE INC — Director's Dealing 2010

Jul 23, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERISAFE INC (AMSF)
CIK: 0001018979
Period of Report: 2010-07-23

Reporting Person: LEACH CRAIG P (EVP, Sales and Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-23	Common Stock, par value $.01	M	22230	$9.00	Acquired	28396	Direct
2010-07-23	Common Stock, par value $.01	S	20896	$18.00	Disposed	7500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-07-23	Option (right to buy)	$9.00	M	22230	Disposed	2015-11-17	Common Stock, par value $.01 (22230)	Direct

Footnotes

F1: Transaction completed pursuant to 10b5-1 Plan executed while officer was not in possession of material non-public information

F2: Of the 117,230 options to purchase common stock owned by the reporting officer, 69,730 have vested. The remaining 47,500 options will vest on November 17, 2010.