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

Apr 1, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HORACE MANN EDUCATORS CORP /DE/ (HMN)
CIK: 0000850141
Period of Report: 2010-03-31

Reporting Person: HECKMAN PETER H (EVP & Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-31	Common Stock equivalent units	$0	A	177.782	Acquired	1988-08-08	Common Stock (177.782)	Direct

Footnotes

F1: Each Common Stock equivalent unit is the economic equivalent of one share of Common Stock.

F2: The Common Stock equivalent units are estimated based on the market price of Horace Mann Educators Corporation Common Stock and are acquired under the Horace Mann Educators Corporation Deferred Compensation Plan for employees which are to be settled 100% in cash on the earlier of the reporting person's retirement date, termination date or a date certain.