DONEGAL GROUP INC — Director's Dealing 2012

Dec 21, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONEGAL GROUP INC (DGICA)
CIK: 0000800457
Period of Report: 2012-11-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-15	Class A Common Stock	J	434.247	$13.08	Acquired	156276.732	Indirect
2012-11-15	Class A Common Stock	J	1435.251	$13.301	Acquired	157711.983	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-20	Options	$14.5	A	150000	Acquired	2022-12-20	Class A Common Stock (150000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	115637.869	Direct
Class A Common Stock	16365.798	Indirect
Class A Common Stock	166369	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: Dividend Reinvestment - 401(k) Plan