AMERISAFE INC — Director's Dealing 2010

Feb 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERISAFE INC (AMSF)
CIK: 0001018979
Period of Report: 2010-02-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-22	Common Stock, Par Value $.01	M	6080	$9.00	Acquired	12078	Direct
2010-02-22	Common Stock, Par Value $.01	S	6080	$18.25	Disposed	5998	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-22	Employee Stock Option (right to buy)	$9.00	M	6080	Disposed	2015-11-17	Common Stock, Par Value $.01 (6080)	Direct

Footnotes

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

F2: Of the 190,000 options to purchase common stock, par value $.01, 142,500 have vested. The remaining 47,500 options vest November 17, 2010.