DONEGAL GROUP INC — Director's Dealing 2015

Dec 21, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONEGAL GROUP INC (DGICA)
CIK: 0000800457
Period of Report: 2015-12-17

Reporting Person: NIKOLAUS DONALD H (Director, See Remarks)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-17	Options	$13.64	A	100000	Acquired	2020-12-17	Class A Common Stock (100000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	110953.869	Direct
Class A Common Stock	180519.82	Indirect
Class A Common Stock	16365.798	Indirect
Class A Common Stock	166369	Indirect
Class A Common Stock	12668	Indirect
Class B Common Stock	130210.44	Direct
Class B Common Stock	51705.828	Indirect
Class B Common Stock	589	Indirect
Class B Common Stock	3938	Indirect