DONEGAL GROUP INC — Director's Dealing 2017

Apr 26, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONEGAL GROUP INC (DGICA)
CIK: 0000800457
Period of Report: 2017-04-24

Reporting Person: BOLINGER ROBERT S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-24	Class A Common Stock	M	575	$12.5	Acquired	9185	Direct
2017-04-24	Class A Common Stock	S	575	$17	Disposed	8610	Direct
2017-04-26	Class A Common Stock	M	11425	$12.5	Acquired	20035	Direct
2017-04-26	Class A Common Stock	S	11425	$16.65	Acquired	8610	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-24	Options	$12.5	M	575	Disposed	2021-07-27	Class A Common Stock (575)	Direct
2017-04-26	Options	$12.5	M	11425	Disposed	2021-07-27	Class A Common Stock (11425)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	1450	Direct