X0306 4 2015-03-01 0 0001179755 ENDURANCE SPECIALTY HOLDINGS LTD ENH 0001198607 DELCOL JOHN V C/O ENDURANCE SPECIALTY HOLDINGS LTD. WATERLOO HOUSE, 100 PITTS BAY ROAD PEMBROKE D0 HM 08 BERMUDA 0 1 0 0 General Counsel and Secretary Ordinary Shares, par value $1.00 per share 2015-03-01 4 A 0 10340 0.00 A 108226 D Ordinary Shares, par value $1.00 per share 2015-03-01 4 A 0 6737 0.00 A 114963 D Ordinary Shares, par value $1.00 per share 2015-03-01 4 F 0 4033 63.57 D 110930 D The performance-based restricted shares will vest on March 1, 2018. The actual number of shares vesting on that date will range from 0% to 100% of the number of shares listed herein, based on the Company's achievement of total shareholder return over a three year period beginning on January 1, 2015 and ending on December 31, 2017, relative to the peer group designated by the Company's Compensation Committee. The target number of shares to be earned is 50% of the number of shares listed herein. The restricted ordinary shares were granted pursuant to the terms of the Company's 2007 Equity Incentive Plan and vest 25% per year beginning on the first anniversary of the grant date. Ordinary shares withheld in order to satisfy tax liability upon vesting of previously granted restricted shares. /s/ John V. Del Col 2015-03-03