AMERISAFE INC — Director's Dealing 2011

Mar 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERISAFE INC (AMSF)
CIK: 0001018979
Period of Report: 2011-03-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-10	Common Stock, par value $.01	M	44150	$9.00	Acquired	51650	Direct
2011-03-10	Common Stock, par value $.01	S	41000	$21.8417	Disposed	10650	Direct
2011-03-11	Common Stock, par value $.01	M	850	$9.00	Acquired	11500	Direct
2011-03-11	Common Stock, par value $.01	S	785	$21.8603	Disposed	10715	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-10	Employee Stock Option (right to buy)	$9.00	M	44150	Disposed	2015-11-17	Common Stock, par value $.01 (44150)	Direct
2011-03-11	Stock Option (right to buy)	$9.00	M	850	Disposed	2015-11-17	Common Stock, par value $.01 (850)	Direct

Footnotes

F1: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.71 to $21,88