X0303 4/A 2005-03-08 2008-07-03 0 0001065201 AMERINST INSURANCE GROUP LTD None 0001172905 AMERINST INVESTMENT CO LTD C/O USA OFFSHORE MANAGEMENT LTD. THE VALLIS BUILDING 58 PAR-LA-VILLIE RD HAMILTON D0 HM1838 BERMUDA 0 0 1 0 Common Stock 2005-03-08 4 P 0 586 60 A 222498 D Common Stock 2005-04-15 4 P 0 20 42.02 A 222518 D Common Stock 2005-04-15 4 P 0 80 51.68 A 222598 D Common Stock 2005-04-15 4 P 0 155 60 A 222753 D Common Stock 2005-04-15 4 P 0 1790 74.28 A 224543 D Common Stock 2006-04-04 4 P 0 349 84.24 A 224892 D Common Stock 2006-04-04 4 P 0 110 74.28 A 225002 D Common Stock 2006-10-01 4 P 0 4944 28.08 A 229946 D Common Stock 2006-10-01 4 P 0 1800 22.67 A 231746 D Common Stock 2006-10-01 4 P 0 381 22.5 A 232127 D Common Stock 2007-01-01 4 P 0 1458 28.08 A 233585 D Common Stock 2007-01-01 4 P 0 528 22.67 A 234113 D Common Stock 2007-01-01 4 P 0 3483 22.5 A 237596 D Common Stock 2007-04-01 4 P 0 231 33.37 A 237827 D Common Stock 2007-04-01 4 P 0 120 28.08 A 237947 D Common Stock 2007-04-01 4 P 0 3840 25.66 A 241787 D Common Stock 2007-04-01 4 P 0 273 20.5 A 242060 D Common Stock 2007-07-01 4 P 0 2088 33.37 A 244148 D Common Stock 2007-10-01 4 P 0 1704 33.37 A 245852 D Common Stock 2007-10-01 4 P 0 57 24 A 245909 D Common Stock 2008-01-01 4 P 0 300 28.08 A 246209 D Common Stock 2008-01-01 4 P 0 340 33.37 A 246549 D Common Stock 2008-04-01 4 P 0 120 33.37 A 246669 D Common Stock 2008-04-01 4 P 0 1557 36.17 A 248226 D Common Stock 2008-04-01 4 P 0 57 21 A 248283 D Common Stock 2008-07-01 4 P 0 2070 36.17 A 250353 D Common Stock 2008-07-01 4 P 0 165 22.5 A 250518 D Common Stock 2008-07-01 4 J 0 1104 0 D 249414 D The reporting person is a wholly-owned subsidiary of the Issuer and distributed the shares to certain of the Issuer's directors in a transaction approved by the Issuer's board of directors. Thomas R. McMahon, Vice President 2008-09-24