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PROASSURANCE CORP Director's Dealing 2010

Jan 4, 2010

32066_dirs_2010-01-04_1c21feb9-2934-4166-928a-35c13a59b5b3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROASSURANCE CORP (PRA)
CIK: 0001127703
Period of Report: 2010-01-04

Reporting Person: YEARGAN WILFRED W (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-01-04 Common Stock S 4000 $54.24 Disposed 8085 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 12085 Direct
Common Stock 300 Indirect

Footnotes

F1: Shares sold by the Reporting Person primarily to fund the tax liability associated with the distribtuion of shares from the deferred compsensation plan referenced in footnote 3.

F2: Weighted average of sale prices, which ranged from $54.50 to $54.12. The Reporting Person has provided to the issuer, and further undertakes to provide to the SEC staff or a security holder of the Issuer upon request, full information regarding the number of shares sold at each separate price.

F3: Since the Reporting Person's last report, 4,812 shares previously held through a deferred compensation plan have been distributed and are now held directly.