DONEGAL GROUP INC — Director's Dealing 2011

Dec 23, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONEGAL GROUP INC (DGICA)
CIK: 0000800457
Period of Report: 2011-12-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-22	Class A Common Stock	G	7000	$14.8	Disposed	130237.869	Direct
2011-12-22	Class A Common Stock	G	7000	$14.8	Acquired	166369	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	150968.252	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	589	Indirect
Class B Common Stock	3938	Indirect

Footnotes

F1: Gift to Nikolaus Family Foundation

F2: Gift Received by Nikolaus Family Foundation