CNO Financial Group, Inc. — Director's Dealing 2012

May 31, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CNO Financial Group, Inc. (CNO)
CIK: 0001224608
Period of Report: 2012-05-29

Reporting Person: Stecher Steven M (Pres.,Washington National)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-29	Common Stock	M	21750	$1.13	Acquired	182481	Direct
2012-05-29	Common Stock	S	21750	$6.79	Disposed	160731	Direct
2012-05-29	Common Stock	M	20000	$3.05	Acquired	180731	Direct
2012-05-29	Common Stock	S	20000	$6.8472	Disposed	160731	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-29	Stock Option	$1.13	M	21750	Disposed	2014-04-02	Common Stock (21750)	Direct
2012-05-29	Stock Option	$3.05	M	20000	Disposed	2014-05-12	Common Stock (20000)	Direct

Footnotes

F1: One-half of these options vested on April 2, 2011 and the other one-half vested on April 2, 2012.

F2: One-half of these options vested on May 12, 2011 and the other one-half vested on May 12, 2012.