HORACE MANN EDUCATORS CORP /DE/ — Director's Dealing 2010

Mar 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HORACE MANN EDUCATORS CORP /DE/ (HMN)
CIK: 0000850141
Period of Report: 2010-03-03

Reporting Person: LOWER LOUIS G II (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-03	Common Stock	A	17355	—	Acquired	94530.607	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-03	Employee Stock Option (right to buy)	$13.83	A	72540	Acquired	2017-03-03	Common Stock (72540)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8155.602	Indirect

Footnotes

F1: The acquisition of Common Stock reported hereby is in the form of restricted stock units which will vest in three equal annual installments beginning March 3, 2013.

F2: Represents 84,530.607 restricted stock units and 10,000 shares of Common Stock.

F3: Held by the Horace Mann Supplemental Retirement & Savings Trust (401(K)).

F4: The option vests in four equal annual installments beginning on March 3, 2011.