X0303 4 2010-05-10 0 0000946842 AMBASSADORS INTERNATIONAL INC AMIE 0001491630 Birkholz Hans C/O AMBASSADORS INTERNATIONAL, INC. 2101 4TH AVENUE, SUITE 210 SEATTLE WA 98121 0 1 0 0 President Stock Option (right to buy) 0.57 2010-05-10 4 A 0 662939 A 2020-05-10 Common Stock 662939 662939 D The stock option was granted pursuant to the Company's Amended and Restated 2005 Incentive Award Plan, vests in four (4) equal annual installments commencing on the first anniversary of the grant date and is subject to receiving stockholder approval at the 2010 annual meeting for certain amendments to increase the number of shares available under the Amended and Restated 2005 Incentive Award Plan and with respect to the award. The stock option will be subject to anti-dilution adjustments under certain circumstances. /s/ Hans Birkholz 2010-05-12