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

Nov 24, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HORACE MANN EDUCATORS CORP /DE/ (HMN)
CIK: 0000850141
Period of Report: 2010-11-22

Reporting Person: Hamann Brent H. (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-22	Common Stock	M	5190	$6.91	Acquired	17756.769	Direct
2010-11-22	Common Stock	M	15060	$6.91	Acquired	32816.769	Direct
2010-11-22	Common Stock	S	8650	$16.36	Disposed	24166.769	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-22	Employee Stock Option (right to buy)	$6.91	M	5190	Disposed	2016-03-04	Common Stock (5190)	Direct
2010-11-22	Employee Stock Option (right to buy)	$6.91	M	15060	Disposed	2016-03-04	Common Stock (15060)	Direct

Footnotes

F1: Represents 10,273.769 restricted stock units and 7,483 shares of Common Stock.

F2: Represents 10,273.769 restricted stock units and 22,543 shares of Common Stock.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.30 to $16.42.

F4: Represents 10,273.769 restricted stock units and 13,893 shares of Common Stock.