SEC FORM 5

SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

WEIL JOHN D

(Last)

(First)

(Middle)

200 N BROADWAY SUITE 825

(Street)

ST LOUIS

63102

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BALDWIN & LYONS INC [ BWINB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2013

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock							10,792⁽¹⁾	D
Class B Common Stock							52,787	I	Spouse⁽²⁾
Class B Common Stock							31,680	I	Trust⁽³⁾
Class B Common Stock							240,177	I	Trust⁽⁴⁾
Class B Common Stock							216,741	I	Limited Partnership⁽⁵⁾
Class B Common Stock							5,118	I	Corporation⁽⁶⁾
Class B Common Stock	02/19/2013		S4	449	D	$23.8107	94,685⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	02/20/2013		S4	224	D	$23.75	94,461⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	02/21/2013		S4	3	D	$23.76	94,458⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	02/22/2013		S4	400	D	$23.75	94,058⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	02/25/2013		S4	1,900	D	$23.8199	92,158⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	02/26/2013		S4	164	D	$23.7578	91,994⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	02/27/2013		S4	2,336	D	$23.7543	89,658⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	02/28/2013		S4	200	D	$23.755	89,458⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	03/01/2013		S4	88	D	$23.75	89,370⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	03/04/2013		S4	506	D	$23.758	88,864⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	03/05/2013		S4	2,501	D	$23.8187	86,363⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	03/06/2013		S4	1,000	D	$23.8993	85,363⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	03/07/2013		S4	500	D	$23.795	84,863⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	03/08/2013		S4	2,700	D	$23.8584	82,163⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	03/11/2013		S4	122	D	$23.7644	82,041⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	03/12/2013		S4	84	D	$23.75	81,957⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	03/13/2013		S4	300	D	$23.7754	81,657⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	03/14/2013		S4	201	D	$23.75	81,456⁽⁸⁾	I	Trust⁽⁷⁾
Class B Common Stock	03/20/2013		S4	3,749	D	$23.7546	39,380	I	Trust⁽⁷⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 1,646 shares are restricted until May 8, 2014.

2. The reporting person disclaims any economic benefit in such shares.

3. Owned by a trust for the benefit of the reporting person and for which the reporting person acts as trustee.

4. Owned by a trust for the benefit of a sibling of the reporting person and for which the reporting person acts as co-trustee. The reporting person disclaims any economic benefit in such shares.

5. Owned by a family limited partnership for which the reporting person acts as one of several general partners. Number of shares reported includes all shares held by limited partnership. The reporting person disclaims beneficial ownership of shares held by the limited partnership in excess of the reporting person's proportionate interest as determined pursuant to Rule 16a-1(2)(ii)(B).

6. Owned by a corporation controlled by the reporting person.

7. Owned by trusts for which the reporting person acts as co-trustee and with respect to which the reporting person and/or members of his immediate family have a beneficial or contingent remainder interest. The reporting person disclaims any economic benefit in shares.

8. This number reflects the amount of securities beneficially owned immediately following the transaction reported on this line.

	John D. Weil	01/28/2014
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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