Maiden Holdings, Ltd. — Director's Dealing 2010

Nov 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Maiden Holdings, Ltd. (MHLD)
CIK: 0001412100
Period of Report: 2010-11-12

Reporting Person: RASCHBAUM ARTURO MANUEL (PRESIDENT AND CEO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	80800	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$3.28	2018-11-12	Common Stock (333334)	0	Direct
Stock Options	$7.25	2019-11-12	Common Stock (333333)	0	Direct
Stock Options	$7.85	2020-11-12	Common Stock (333333)	0	Direct

Footnotes

F1: Pursuant to Mr. Raschbaum's employment agreement, the Stock Options were granted pursuant to the 2007 Share Incentive Plan
and will vest 25% on the one year anniversary of grant, and 6.25% each quarter thereafter.