X0303 4 2010-02-22 0 0001163348 ALLIED WORLD ASSURANCE CO HOLDINGS LTD AWH 0001368326 Grossack Marshall J ALLIED WORLD ASSURANCE CO HOLDINGS, LTD 27 RICHMOND ROAD PEMBROKE, BERMUDA D0 HM 08 BERMUDA 0 1 0 0 EVP, Chief Actuary Common Shares 2010-02-22 4 A 0 26250 0.00 A 51292 D Restricted Stock Units 2010-02-22 4 A 0 3300 0.00 A Common Shares 1980 5800 D Represents the Company's Common Shares that were earned pursuant to a 2007 LTIP award for no monetary consideration and which vested at 150% of target based on the achievement of pre-established performance criteria during the applicable three-year performance period established under the Company's Amended and Restated Long-Term Incentive Plan. Grant of Restricted Stock Units for no monetary consideration. 3,300 Restricted Stock Units convert into (i) 1,980 of the Company's Common Shares and (ii) cash equal to the market value of 1,320 Common Shares (measured at the date of vesting) upon the vesting of such Restricted Stock Units. The Restricted Stock Units vest in four equal installments with the first installment vesting on February 22, 2011. /s/ Wesley D. Dupont, by Power of Attorney 2010-02-24