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DONEGAL GROUP INC — Director's Dealing 2017
Jan 25, 2017
32551_dirs_2017-01-25_ad1789f6-e397-4949-8a59-e9be46bc6659.zip
Director's Dealing
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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership
Issuer: DONEGAL GROUP INC (DGICA)
CIK: 0000800457
Period of Report: 2016-12-31
Reporting Person: HESS JACK LEE (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-06 | Class A Common Stock | J | 171 | — | Acquired | 3879 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 17800 | Indirect |
Footnotes
F1: Reporting Person acquired the right to receive these shares of Class A common stock ("DGICA") as a result of the May 6, 2011 merger of Union National Financial Corporation ("UNFC") with and into Donegal Financial Services Corporation, pursuant to which each share of common stock of UNFC was converted into the right to receive 0.2134 DGICA shares and $5.45 in cash.
Due to an administrative oversight by the exchange agent, the 171 shares of DGICA that Reporting Person was entitled to receive as a result of the merger were not issued to Reporting Person's account until January 5, 2017.