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DONEGAL GROUP INC Director's Dealing 2015

May 21, 2015

32551_dirs_2015-05-21_d592f87e-930b-4306-abb4-f38e584b8481.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONEGAL GROUP INC (DGICA)
CIK: 0000800457
Period of Report: 2015-05-19

Reporting Person: MAHAN JON MARSHALL (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-05-19 Class A Common Stock M 8480 $14 Acquired 12968 Direct
2015-05-19 Class A Common Stock S 8480 $14.8082 Disposed 4488 Direct
2015-05-21 Class A Common Stock M 16 $14 Acquired 4504 Direct
2015-05-21 Class A Common Stock S 16 $14.75 Disposed 4488 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-05-19 Options $14 M 8480 Disposed 2015-07-15 Class A Common Stock (8480) Direct
2015-05-21 Options $14 M 16 Disposed 2015-07-15 Class A Common Stock (16) Direct