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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
9346	Baldwin & Lyons Inc	BWINA	Fire, Marine & Casualty Insurance (6331)	350160330

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
904314	D John Weil	200 N Broadway Suite 825 St Louis MO 63102		Yes	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class B Common Stock	Disposition	2011-11-22	1,000	$22.51	1,012,040	No	4	S	Indirect	Limited Partnership

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Limited Partnership

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	133,227	Indirect	Family/Other
Class A Common Stock	171,208	Indirect	Limited Partnership
Class B Common Stock	162,200	Indirect	Family/Other
Class B Common Stock	13,378	Direct

Footnotes

Owned by a family limited partnership of which Clayton Management company (wholly owned by the Reporting Person) acts as General Partner. Reporting person disclaims any economic beneficial interest in shares held by the partnership except to the extent of his pro-rata interest as a limited partner therein.
Owned by family members of the Reporting Person. Beneficial ownership of these securities is expressly disclaimed.
1,788 of the 13,378 shares represent restricted stock granted in lieu of certain cash director's fees. Those shares vest and shares of equal number are distributable on May 10, 2012.