X0303 4 2010-01-04 0000011544 BERKLEY W R CORP WRB 0001068341 BROCKBANK MARK ELLWOOD W. R. BERKLEY CORPORATION 475 STEAMBOAT ROAD GREENWICH CT 06830 1 0 0 0 Phantom Stock 2010-01-04 4 A 0 40 24.645 A Common Stock 40 3442 D Each share of phantom stock is deemed invested in one share of W. R. Berkley Corporation common stock pursuant to the terms of the W. R. Berkley Corporation Deferred Compensation Plan for Directors. Shares of phantom stock are payable in cash or stock or any combination thereof, in each case as determined by W. R. Berkley Corporation (the "Company"), upon the reporting person's date of Separation from Service with the Company. Mark E. Brockbank 2010-01-04