DONEGAL GROUP INC — Director's Dealing 2011

Jul 29, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONEGAL GROUP INC (DGICA)
CIK: 0000800457
Period of Report: 2011-07-01

Reporting Person: NIKOLAUS DONALD H (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-01	Class A Common Stock	J	1726	$10.88	Acquired	128092.202	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-27	Options	$12.5	A	200000	Acquired	2021-07-27	Class A Common (200000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	147499.362	Indirect
Class A Common Stock	159369	Indirect
Class A Common Stock	1365.798	Indirect
Class B Common Stock	130210.44	Direct
Class B Common Stock	51637.532	Indirect
Class B Common Stock	3938	Indirect
Class B Common Stock	589	Indirect

Footnotes

F1: Employee Plan