Maiden Holdings, Ltd. — Director's Dealing 2010

Feb 12, 2010

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: Maiden Holdings, Ltd. (MHLD)
CIK: 0001412100
Period of Report: 2009-12-31

Reporting Person: NEUBERGER YEHUDA (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-06-26	Options (right to buy)	$3.28	A	0	Acquired	2018-06-26	Common Shares (6000)	Direct
2009-06-01	Options (right to buy)	$5.11	A	0	Acquired	2019-05-31	Common Shares (6000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	100000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (right to buy)	$10.00	2018-01-08	Common Shares (12000)	12000	Direct

Footnotes

F1: The Stock Options fully vested on January 8, 2009.

F2: The Stock Options fully vested on June 26, 2009.

F3: The Stock Options will vest on June 1, 2010.